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Study on Risk Management of BOT Project and Its Case Analysis

Author: YeXingPing
Tutor: WuRui
School: Chongqing University
Course: EMBA
Keywords: BOT Project financing Risk Management Analytic Hierarchy Process (AHP)
CLC: F224
Type: Master's thesis
Year: 2008
Downloads: 594
Quote: 3
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Abstract


Infrastructure is the basis for the development of a country's economy , and plays an indispensable role in the economic development . But the current China 's infrastructure construction has been affected by the problem of lack of investment . BOT financing model as a new financing model , its unique advantages more and more attention and adoption . However , due to the long duration of the BOT project , covers a wide range , large amount of investment , the BOT project risk management is complicated and difficult , it has also become a common concern of the industry with the theoretical circles . Article to BOT projects as the research object , the depth of the risk management of the projects under the mode of BOT financing , also pointed out the problems of the current risk management of BOT projects in China , and put forward a number of recommendations to strengthen risk management of BOT projects in China , Finally, Chongqing Wing the highway Dragon water to the flower plot highways BOT project is a typical case of empirical research . Firstly, given the basic concept of the BOT and its present situation and prospects in China , clearly depict the basic mode of operation and implementation of the BOT project , on this basis , in accordance with the classical framework of the project financing, risk management , followed by in-depth analysis the projects under the BOT financing risk identification , risk assessment and risk prevention strategies . Finally, the enterprises themselves completed BOT project of Chongqing Wing Highway dragon flower section of highway system profound case analysis is carried out in accordance with the above theory , AHP method for risk analysis , the analysis showed that the project completion risk , management risk and technology risk . The same time, this paper also discusses the status of implementation of the risk management of BOT projects in our country at this stage , and pointed out that the risk management of BOT projects , also there are inadequate laws and regulations , the approval of management efficiency is low , foreign exchange risk , poor access to financing , risk management means backwardness lack . Finally, the BOT project financing legislation , the liberalization of the financial and insurance markets , the establishment of a BOT project risk management intermediaries , specific proposals for the development of a domestic BOT project , the emphasis on risk management training to strengthen risk management of BOT projects in China .

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CLC: > Economic > Economic planning and management > Economic calculation, economic and mathematical methods > Economic and mathematical methods
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