Font Size: a A A

Investment And Financing Model Analysis For Utility Tunnel Project In Chinese City

Posted on:2009-07-13Degree:MasterType:Thesis
Country:ChinaCandidate:Y T QiuFull Text:PDF
GTID:2189360242474062Subject:Technical Economics and Management
Abstract/Summary:PDF Full Text Request
With the development of economy, the demand for public infrastructure is more and more. As one of the public infrastructure, utility tunnel has the following advantages: (1) Ensure the full effect of traffic function; (2) Make use of road space synthetically; (3) Ensure the stable and safety of life; (4) Protect the environment; (5) Promote improvement of disaster prevention and resistant. It is difficult to implement the project through marketization because it has the following characteristics: huge initial investment; long lifecycle; natural monopoly; strong positive externalities and complicated subjects. However, the fund of government is finite. There is a gap between the demands and supply. The paper provides some suggestions on how to set up a proper financing and investment mode for the utility tunnel project.The paper firstly summarizes the special economy characteristics of utility tunnel. On the base of deeply understanding its characteristics, the paper compares the construction modes that are suitable for utility tunnel and then works out a "three-step" construction mode for our country. Thirdly, the paper analyzes the construction modes and the charge modes and then works out the proper modes for China. Fourthly, the paper uses Wu Han CBD project as an example to do the analysis and application.In the finality, the problems requiring further studies are discussed.
Keywords/Search Tags:Utility Tunnel Project, Construction Mode, Operation Mode, Charge Mode
PDF Full Text Request
Related items