The Economic Evaluation Of Weifang Bailang River's Second Evaluation Of Economic Effciency Project

Weifang has superior natural conditions, rich resources, advanced 'transportation, complete industrial, solid economic strength, Weifang is one of the economic open cities the State Council approved in Shandong Peninsula. Since the reform and opening up, Weifang was sustained, stable development, particularly in recent years is made new achievements in economic and social development. But Weifang is one of the cities lack of water in Shandong Province. Per capita possession of water resources is only 1/26 in the world per capita consumption of water and less than 1/7 in the national per capita water resources. Extremely uneven spatial and temporal distribution of water resources has further intensified the contradiction between water supply and demand. Total water shortage has become a major constraining factor in the development of Weifang City.Bailang River is in the north-central of Weifang, storage reservoir engineering of aging can not fully play, water pollution has not been fundamentally resolved. Fully operational Bailang River watershed management is to solve the flood control, irrigation, water supply, environmental protection, eco-environmental balance and a series of important measures, building a harmonious society and promoting economic development and the implementation of this project is very necessary.This article is the economic evaluation of Weifang Bailang River's second phase of improvement project. First of all, the public project from the social principles of economic evaluation to proceed, systematic exposition of social and public project evaluation index system and economic evaluation. On this basis, combining the characteristics of the project to construct an economic evaluation system, and project a financial evaluation, economic evaluation and social evaluation. Analysis obtained:The total investment is 1.01548 billion, annual operating expenses 31,476,300, the annual benefit 131,040,000. Project's economic internal rate of return of 9.04%, to 104.76 million of economic net present value, benefit cost ratio of 1.09, the economic indicators show that, the project is feasible from the cost. Projects in soil conservation and environmental protection have taken positive measures to meet environmental requirements. After the project is completed, can bring benefits flood control, irrigation efficiency, ecological and environmental protection benefits, land appreciation of the benefits, so the project is feasible from the social benefits.This public project economic evaluation of social theories used in comprehensive treatment Bailang RiverⅡproject economic evaluation practice, and achieved good results, on the economic assessment of similar projects with a good reference value.