The Risk Management Of Mass Transit PPP Project

This paper set the mass transit industry as the research object, PPP (public-private partnerships) as the research basic. Using risk management method to study the PPP mode applied in mass transit industry. This pager used the method of expert investigation, AHP and fuzzy comprehensive evaluation method.This paper has summarized massive literature from both international and domestic, and the give some brief introduction about the definition of PPP, the classification and also the application condition. In this paper, the mass transit's economic characteristics and operating characteristics are analyzed, emphasizing the mass transit's economic characteristics as public goods, meanwhile also introduced the industry characteristics and the development problems.At the same time, also cited several examples in China which have adopted PPP model. The results are also analyzed. On the basis of the above analysis and also research about the risk management of PPP project, this paper summarized a series of risk factors. And based on the concern of different parties involved in varying degrees, this paper set the constructor as example, through the survey method to construct the risk index system. AHP given by weight, and finally by the fuzzy comprehensive evaluation to analyze the risk of the project. At the end of the article, this paper made some recommendations for the development of China's PPP project.