Research On Investment Control Of PPP Projects In GY Characteristic Towns

A public-private partnership(PPP)is called "cooperation between the government and social capital" in China.In addition to achieving the profit objective of the social capital side,the SPV jointly founded by the government and social capital must also meet the government’s building requirements.As a result,from the SPV’s point of view,the investment control of the PPP project must save the investment amount as much as feasible under the presumption of satisfying the requirements of the government.At the same time,it is also necessary to ensure the smooth recovery of the invested funds and obtain reasonable profits,so as to ensure the interests of the social capital.In order to protect the interests of social capital,it is also required to secure the orderly recovery of the invested funds and the achievement of fair profits.Currently,the decision-making stage,the design stage,the building stage,and the operation stage are where the majority of research on investment control of PPP projects is conducted both domestically and internationally.In this paper,I will study the investment control of the project from the above four aspects from the perspective of the SPV based on the experience of participating in the construction of the PPP project in the GY characteristic town.The purpose of the GY Characteristic Town PPP project is to accept shoe-making enterprises that have moved out of the Xiong’an New Area.It adopts the design-build-financing-operation-transfer model,and the return on investment model is "user pays +feasibility gap subsidies",considering the operation mode and profit source of the project,this paper has formulated two major goals for the investment control of the PPP project in GY characteristic towns: saving investment and investment recovery.First of all,this paper clarifies an overview of the project by outlining the project’s fundamentals,such as the project cooperation model,financing model,investment return model,and assessment mechanism,and then presents the issues that affect investment control in the project’s decision-making,design,construction,and operation stages.Secondly,based on the extensive reading of literature and materials,summarize and synthesize the influencing factors affecting the investment control of PPP projects in accordance with the various project implementation stages,and pinpoint the investment control influencing factors connected to the project’s ongoing issues.Once more,combined with the data review results,project conditions,influencing factors,etc.,to formulate an investment control system from four aspects: investment control objectives,investment control tasks,investment control methods,and investment control processes.Finally,develop investment control measures that are in line with the actual project in order to save money and investment in the project.Do this by using the theories of stakeholders and value engineering,the methods and procedures provided in the project investment control system,and the problems that exist in the project suggested in the previous article.