Research On The Using Of ABS In Infrastructure Building

Since reform and opening-up, the economy of our country has been developed fast, the infrastructure lags behind more and more serious to the restriction of the economic growth, because the economic characteristic of the infrastructure and technological characteristic, how to concentrate enough fund on guaranteeing it is a difficult problem that governments of various countries are facing that the essential infrastructure has been invested all the time, our country is no exception. Traditional financing way, for instance utilize the foreign capitals, financial institution and grant the loan, because of the limitations of all sorts of factors, the function given play to is very limited too, and strengthen infrastructure investment and so as to ensure the urgency of sustainable economic development becomes inevitable to make the financing way innovate, asset securitization to realize this goal one of the most effective tools.The asset securitization is one of the most important kinds of financial innovation in international finance field in near these decades. Its theory is being developed and perfected constantly too. The foundation of asset securitization financing is assets that steady cash that can expect flowed into, and this is a kind of better way of cashing to less liquid assets of stock of operational infrastructure. This text attempts to combine the asset securitization with infrastructure project, make on the foundation that is analyzed in operation principle, mode, risk and control to the asset securitization of the infrastructure, etc., hoping to seek an infrastructure asset securitization road to accord with the national conditions of our country.