A Case Study Of The Apply Of Public-Private Partnership (PPP) Into The Industrial Town Development

During the 21st century,with the accelerating pace of the industrialization and urbanization,the development of industrial town is taken by Chinese local governments seriously,since it is important for industry development and urban construction.But,due to the various sub-type of public service facility in industrial town,and the large investment scale,the high level of debt and the limitation of policy,local governments are quite difficult to fund the construction of public service facility by its owned financing companies.For solving the mentioned obstacle above,in 2014,the central government began to promote Public-Private Partnership(PPP),and opened the market for social capital.However,PPP is a new concept which is in the promotion stage,thus it is unfamiliar to most of the practitioners in infrastructural construction fields.This paper began with the brief introduction of the central government ’s promotion of PPP in the construction,operation and maintenance of the public service facility.Then this paper summarily illustrated the concept of the PPP,and its implementation process,enumerated the operations,financing,payment,the common risk prevention&control measures of the PPP,and preliminarily established the relationship between the PPP and the construction,operation and maintenance of industrial towns.After that,this paper introduced Gu’an industrial park,Citic Binhai new town and the big data industrial town in B city,analyst the details of the implementation process,operations,financing,payment and the risk prevention&control measures of the PPP and answered the question of how to apply the PPP into the construction,operation&maintenance of industrial towns which are a special kind of public service facilities.