Research On Owner Investment Control Of X Ecological Garden PPP/BT Project

Relying on the advantages of natural environment,ZCity proposed the goal of building "Garden City,Ecological City" in recent years.However,construction of such projects requires a lot of money.In order to ease the pressure of government funds,the local authorities encourage the private sector to participate in infrastructure construction,and obtain reasonable profits.In 2010,ZCity began to explore the ecological park project combining with BT/PPP financing model.The aim of this research is to explore the factors impacting on buy-back price and how to control the total cost effectively.Case study method is applied to the construction of ecological garden X project in Z city.Aiming at the problems existing in the process of construction and implementation of the BT project,this research analyzes the reasons behind these problems.Itstudies the project financial value of the ecological park projectsafter fully development and construction,and discusses the control factors of the repurchase price.Through the case analysis of X ecological park construction,the dissertation discusses how to raise the project value and public interest,andanalyzes how to influence the impact factors of projects' repurchase price with technical means and management methods,and how to control repurchase price by controlling these factors.The research results show that one should fully analyze and determinevarious impact factors of repurchase price,such as reasonable repurchase cycle,buyback model,interest rates,floating rate,etc.When signing contract about repurchase price.In the implementationstage,it is necessary to control the design change and issue change order strictly,which are effective to control the repurchase price.At the same time,it is owner's ultimate goal to raise project value,improve city environment,raise the regional valueandlet the stakeholders to obtain better benefits while control total cost.