The Project Financing Plan Of Jinan West Railway Station Area's Exploitation

As a new mode of project financing, Project financing arose in the six-seventies of the 20th century.Now after decades of development, project financing has been widely used in major project financing processes. Project financing has played a very important role to solve the funding shortfall for major projects, particularly for infrastructure projects on the tension of funds. In the early eighties of the 20th century, project financing was used in China, such as a power plant in Shenzhen, Sha Kok BOT model was used to invest in construction, with remarkable benefits. After 20 years of practice, with increasingly widespread use of project financing, it played a significant role in the process of infrastructure projects financing. So in this paper, I will use the theoretical basis for project financing into the actual analysis of the specific instructions-Jinan West Railway Station Area project financing plan.Firstly, the paper starts with the theory of project financing, with the introduction of the key players in project finance, project finance structure, advantages and disadvantages of project financing and the basic conditions for success. Then, on the basis of the discussion of the design principles of project financing model, this paper analyzes some typical items of foreign financing, such as Project company financing, "BOT" financing model, "TOT" financing model, "ABS" financing model, "PPP" financing models, and makes comparison between such models..On the basis of theory study in the previous two chapters,this paper starts to discuss the case. Firstly, this paper introduces the background,the project planning and financing objectives of Jinan West Area Railway Station,then,this paper discusses the overall idea of the project financing, the investment structure, the financing plans of Western Construction and Investment Co., Ltd. Of Jinan(JNWCI),the security structure, the festival venue BT financing model and some other major aspects to complete the design of the project financing plan.Finally, the paper from the point of the role the government should play in infrastructure project financing,puts forward some practical proposals respectively in the area of sources of financing in infrastructure projects, options of project financing, project management, regulatory and etc.