A Study On The Capital Structure Decision Of Sewage Treatment PPP Project In S County

PPP(public-private Partnership)is a new type of project financing mode,which has been developed and applied rapidly since the 1980s.Under the background of the economic pressure decline,the government's financial pressure and the obvious infrastructure gap,the promotion of PPP mode is of great significance and great potential.Sewage treatment is an important part of infrastructure,and it is one of the areas in which our country introduced social capital early and developed public-private partnerships.The capital structure of PPP projects is not only related to the successful implementation of the project,but also affects the increment of the project.In order to maximize the benefits,it is essential to determine the reasonable capital structure.This article embarks from the wastewater treatment of the PPP project investment and financing structure,the system of review of the sewage treatment project application of PPP mode of related theory,capital structure theory and multi-objective decision and analytic hierarchy process and entropy principle,to the capital structure decision as the research core of the project,based on the sponsors(investors),public(government),the lenders(such as debt investors)multidimensional,analysis of S county sewage treatment the PPP project actual decision of the capital structure of the present situation and problems,to study and put forward the S county sewage treatment the PPP projects,the optimal capital structure-debt level decision scheme,Based on the actual situation of the PPP project of S county sewage treatment plant,the application analysis of the PPP project's decision-making scheme of capital structure-debt level is carried out.Finally,the guarantee measures and application effect of the scheme are put forward.Through the above research,the important content of this paper will be answered,that is,how to choose a reasonable capital structure for the successful initiation and operation of PPP projects.That is,how to choose a reasonable capital structure for the successful initiation and operation of PPP projects.How scientific and rational choice of the PPP project capital structure,a feasible solution is given,and the formation of the scheme and the selection of implementation safeguard measures are to solve problems related to the PPP industry made a beneficial attempt,has a good reference.