PD Sewage Treatment Plant The PPP Project Risk Management Research

In the process of high-speed urban infrastructure construction in China,the innovation on financial investment has played a important character in deepening the modernization of national resource allocation system development and management development system.PPP investment and financing model as an imported product was introduced into China,and gradually become the most favored model by the government and social capital in China.The field of sewage treatment is one of the early fields in which PPP model was introduced into social capital in China.With the increasing attention of the country to ecological environmental guard,the demands of sewage treatment plants in China are constantly emerging.However,due to the financial shortage of local governments and the administrative management of projects,problems are gradually exposed in the operation of PPP projects of sewage treatment plants.In particular,the financing essence of a large number of environmental protection PPP projects is that they place more emphasis on construction than on operation.Local governments take PPP mode as a financing method to relieve financial pressure,which leads to project operators’ inability to obtain expected investment returns and discouraging the enthusiasm of social capital to participate in local urban construction.To solve the above problems,this paper conducts an in-depth study and analysis of the risk control of PPP projects.From the perspective of social capital,this paper selects the PPP project of PD sewage treatment plant which is actually in operation of HK Company and is in poor operation condition to conduct a risk study,summarizes the experience and lessons from the failed projects,and finds out the existing problems.The article takes the risk analysis path of risk recognition,risk evaluate and risk command as the framework.First of all,through the identification of risks,the Delphi method,combined with the financial statement method,according to the collection of experts’ opinions and my own experience in the project judgment,for the risk of the project is identified,and the risk source as the main line,the risk of the project is innovatively classified.Secondly,through the analytic hierarchy process method,the quantitative analysis of risk factors,summed up a set of the model may used in the existing sewage treatment plant and quantitative system,and the risk of the project is based on quantitative results are analyzed,and using this kind of more intuitive for decision makers to focus of the project risk management is more obvious.Finally,the author puts forward specific measures to solve the risks of the PPP project of PD sewage treatment plant,and puts forward relevant suggestions for the external PPP investment of HK Company,the investment subject of PD sewage treatment plant,to better help HK Company to build the risk control system of long-distance investment.The author finally comes to the following conclusions: First,risk identification and quantification are the basis for management decision of PPP project companies;Second,PPP project risks should be classified and identified according to the actual situation of each project.Third,risk control and prevention should be guaranteed.PPP project companies must improve their risk control system...