Project Financing On Urban Water Utilities In Xi'an

The topic of the thesis derived from a project launched by Xi'an Science and Technology Council. Since Xi'an locates in the Guanzhong Plain where water resource is scarce, how the construction of urban water utilities matches the development of the economy and society has drawn many people's attention, which is also this thesis is targeted.The role of the Municipal government in attraction of funds to the City of Xi'an has concerned many people. And such a role is focused on this thesis in theory. Through the full and clear investigations on the present urban water utilities in Xi'an, the water price has been found out to be an element in the research. Furthermore, a game between the utilities form and the regulator is formulated. And a solution on the highest price that the government sets to ensure the social welfare to the game model could be reached. But through a case study, under such a price, non-state investors cannot make a profit in the water utilities project. Hence, a proper module of project financing should be worked out to construct the water utilities, i.e. REO, which is the novelty in the thesis.