The Evaluation And Control Of Financing Risk Of PPP Project In Foshan Yunfu Industrial Park

The Chinese economy has entered a new normal state of development,and the mode of development has gradually shifted from scale-speed to quality-efficiency.Due to the shortage of funds for national public product construction and the low management efficiency,the government began to vigorously implement the PPP model and more and more social capital was involved in the construction of PPP projects.That not only solved the problem of insufficient supply of public products,but also activated society capital to improve investment and financing environment.The Yunfu Industrial Park built in Foshan City,Guangdong Province,is a typical PPP project.The project has a long construction period,large investment scale,and high operating costs.How to control the financing risk of PPP projects is the key to ensure the smooth operation of the project.Studying the financing risk assessment and control of PPP project in Foshan Yunfu Industrial Park can not only enrich the theory of FPP project financing risk control,but also provide practical guidance for the project financing risk control.In view of the PPP project financing risk assessment and control issues,taking the Foshan Yunfu Industrial Park PPP project as the background,this paper analyzes the project's financing risk using the analytic hierarchy process and the grey comprehensive evaluation method,and the project's financing risk was evaluated based on seven risk factors such as availability of funds,interest rates,inflation,refinancing,liquidity,credit of financial institutions,and supervision of financial institutions:The project financing risk level is between medium risk and high risk,slightly biased to medium risk.The interest rate risk,financial institution supervision risk and fund availability risk are slightly higher than other risks.It is proposed to establish a reasonable financing decision mechanism,establish a financing risk warning mechanism,and strengthen the financial institutions.The credit monitoring and reasonable avoidance of interest rate risk and inflation risk recommendations provide a reference for the smooth operation of Foshan Yunfu Industrial Park PPP project.