Research On The Ways Of Project Financing For The Big Construction Project Of Our Government

As a new way of financing, project financing is different from the traditional way of financing, which not depends on the asset and credit of the company, but relies on the project's own profit and future currency flow as a basis of financing. Project financing is good for attracting the investors at home and broad to invest in infrastructure construction that also can make the respective participants share the project risk, based on the project and promote the efficiency of running the project. Extensively speaking, all the activities concerning about constructing a project, buying a existing project or running debt reorganization of a existing project can be called project financing. The thesis focuses on summarizing the distinctive features of project financing, comparing the ways of project financing between home and abroad and analyzing the ways of project financing in different project and different stage of the project.Successfully carrying out the attraction of the capital for the large governmental construction project needs not only to master the ways of project financing, but also to follow the scientific procedure of project financing. To the large construction project, the procedure of project financing can be divided into two stages-the making of the plan and the implement of the plan. Generally speaking, the plan of project financing should meet the needs of project in four aspects of currency, quantity, time limitation and cost. For meeting the needs of project, the plan of project financing should include the amount and type of currency, flowing amountof financing capital, capital source structure and financing risk assessment.The thesis, taking the construction of Wuhan CBD as a case, focuses on researching and analyzing the ways of financing for the large governmental construction project. The construction of Wuhan CBD is facing the difficult of finance; so feasibly designing the project finance plan plays a key role in the construction of Wuhan CBD. According to the different stages of the construction of Wuhan CBD, the design of the financing plan for Wuhan CBD apply different ways of financing for the CBD construction. When we design the financing plan, we should design different plan according to the different needs of finance in different stage and try our best to reduce the cost of financing and supply the finance with safety.