Research On Financing Risk Management Of PPP Project Of High Standard Farmland Construction ——Taking Panji District Of Huainan City As An Example

Agriculture is an important basic industry related to China’s economy,people’s livelihood and social development.The level of agricultural infrastructure construction will directly affect the level of agricultural development in China.Due to the imperfection of China’s capital market,the low level of agricultural infrastructure construction and the characteristics of being greatly affected by the environment,most of the agricultural infrastructure construction enterprises have financing problems,which restrict the further development of modern agriculture in China.This study adopts the method of combining theory and empirical research,takes the high-standard farmland construction in Panji District as an example,and makes a systematic analysis of the financing mode of HIGH-standard farmland construction PPP project in Panji District.First of all,through the high standard farmland project financing risk analysis research results both at home and abroad,combined with expert judgment combing determine the listing of the project financing risk,and then build a high-standard farmland construction project financing risk evaluation index system,using fuzzy comprehensive evaluation method,enterprise financing present situation,the agricultural infrastructure construction in China for its financing risk has carried on the system analysis.Its purpose is to evaluate financing risk effectively so as to help enterprise management make more effective financing decisions.Finally,the financing risk strategy of HIGH-standard farmland construction PPP project in Panji district is put forward.The findings:（1）Among the first-level indicators,investment and return risk have the greatest impact.Improving the project investment return rate of high-standard farmland construction enterprises is the key to the smooth financing,completion,use and development of high-standard farmland construction projects;The second is the risk of land acquisition and natural endowment,which has a great impact on the financing risk of high-standard farmland construction projects.The third is the risk of construction,management and maintenance.The degree of participation of investors determines the liquidity of high-standard farmland construction project financing,the degree of interest distribution determines the investment income and affects the repayment pressure of loan enterprises,and the investment motivation also has a significant impact on the financing of high-standard farmland construction.（2）The weight and composite weight of political risk and environmental risk are roughly the same,indicating that the political environment and policy requirements of high-standard farmland construction project financing risk are equally important.The government,as the sponsor of the project and an important decision maker and participant,should have sufficient stability,and a stable political and policy environment should not be ignored.（3）the secondary indexes,a return to lenders risk most affected,climate,soil endowment risk and money does not reach the designated position had the greatest influence on land endowment risk and political risk,safety management system is not sound had the greatest influence on building,tubes,risk,environmental risk also has great influence on high standard farmland construction project financing.