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The Study for Risk Allocation Mechanism of PPP Pattern in Highway Construction

Author: LiuCui
Tutor: ZhangXuHui
School: West China University
Course: Business management
Keywords: PPP Mode Risk Government Private investment unit Project contractor
CLC: F284
Type: Master's thesis
Year: 2010
Downloads: 125
Quote: 0
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Abstract


PPP model is no stranger in a foreign country , but in domestic applications and research is still in an early stage . With the countries to increase investment in infrastructure construction , especially highway construction investment , the advantages of the PPP model to get the recognition of the national government , so the reference to highway construction . One of the main reasons for the PPP mode can reduce the government's fiscal pressures , make full use of private capital , and reduce the likelihood of project risk , and to minimize the risk of loss , not only to achieve the welfare needs of government departments , but also to meet the private sector revenue purposes . PPP mode has the traditional financing model does not have the advantage , but in the process of implementation is still difficult to circumvent some of the risks of the project itself , the key to the success of the PPP project is reasonably risk -sharing , so this paper mainly studied the question is how will the project risks between the parties involved shared purpose is to make PPP projects more successful . The basis of the original literature , using a combination of theoretical analysis and application of research methods , through the establishment of the model to analyze the PPP model is mainly involved in the proportion of risk-sharing between the parties - government departments , the private investment unit , the project contractor , and should climb along the river in the plans to build high-speed , for example, applied analysis . The core content of this article is as follows : The article analyzes the status quo of China 's highway construction investment and financing problems and the use of private capital on private capital to enter the highway construction trends and significance , and thus leads to the PPP mode in the application of China 's highway construction . PPP model can be widely used in the construction of infrastructure , and has a very important significance , but their risk is whether a reasonable contribution towards the project is essential , therefore , article by modeling to determine the risk - sharing between the PPP project participants relations ( risk-sharing relationship embodied in this article is mainly refers to the proportion of parties involved in the risk - sharing ), and should climb along the river in the plans to build the highway , for example, application analysis , to verify the validity of the model , while appropriate climbing the construction of the highway along the river provide some reference suggestions .

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CLC: > Economic > Economic planning and management > Infrastructure the economy > Organization and management of infrastructure
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