The Application And Risks Analysis Of Project Finance On Construction Of Infrastructure Facilities In China

With the rapid development of economic of China, The restrictive function ofinfrastructure facilities to the development of economic become more and more obvious. Asan innovative ideas of property right system, Project Finance make expansion effect,resources deployment effect and institution innovation effect in Construction ofinfrastructure facilities area. Not only offer fund to the Construction of infrastructuralfacilities, but also give the investor a good chance to go into the infrastructural facilities area.From 1984, there are many successful and unsuccessful Project Finance cases in China. Thispaper analyze legal environment in our country, and make a summit of these cases. Thenanalyze the political risks, completion risks, market risks, financial risks and irresistibleforce risks. In the end, we get the experiences of managing the risks in Project Finance,including normative operation of the project, scientific market forecasting, financingstructure in favor of spreading of risks, attention of the relevance of the risks, giving soundassessment to the project, make conservative scheme of allocation of risks and so on.