Research On PPP Model Of Stock Infrastructure Project Implementation

At present,our country is still advancing the construction of urbanization.In the process,a large number of stock assets have emerged.For the government,on the one hand,they hope that they can have sufficient funds to operate and manage this part of the stock assets.On the other hand,they also hope that they can have sufficient funds to complete the new project construction.By adopting the PPP model and promoting mutual cooperation between the government and social investors,it can play a role in revitalizing existing assets.On the one hand,the stock assets in public infrastructure projects can be built and operated normally,on the other hand,the government's financial capital pressure can be alleviated,and government funds can be efficiently circulated.In this context,PPP investment and financing methods have become more and more popular among all parties,especially in the field of public infrastructure construction.The essence of the PPP model is that the government and the social investors collaborate and participate in the investment and construction of the same project.Make full use of the professional advantages of social investors in technology,innovation,management,and operation to promote more rational distribution of public resources and improve the efficiency of resource utilization.To enable the public to enjoy better quality public goods and social services in a timely and sufficient manner.Value-for-money evaluation method is a common concept in PPP projects.It is usually used to consider whether the project is suitable for PPP investment and financing methods to measure whether the use of PPP model can bring benefits to the project construction and operation.When the value-for-money method analysis shows that the PPP investment and financing method can bring benefits to the project operation and construction management,for example,when the cost is lower or the income is higher,then we will say that the PPP model is worthwhile.That is,it is suitable to adopt the PPP mode.On the contrary,it is necessary to use other investment and financing methods,such as the traditional investment and financing methods.Judging from the practice of PPP mode in China,the domestic value analysis of PPP projects is more qualitative analysis,and the application of quantitative analysis is not common.In addition,China's research on PPP model mostly focuses on new projects,and there are not many researches on the use of PPP model for stock assets.There is still a lot of room for research on related fields of stock PPP projects.Based onthe research on the PPP project of Dalian Fast Track Line 3,this paper analyzes the current situation of implementing PPP mode in China's stock infrastructure projects.The Dalian Fast Track Line 3 project is the first PPP project in the urban rail transit field in China.It is also one of the typical cases of the six PPP models to revitalize the stock assets issued by the National Development and Reform Commission.This paper takes this project as an example and focuses on the research.The practice status of the stock asset PPP model,and its investment and financing model analysis and value-for-money evaluation analysis can provide reference for the PPP model of future stock infrastructure projects.