Financing The Use Of Research Based On The Mode Of Public Financing Of Lianyungang Port

In January, 2007, Premier Wen Jiabao pointed out when he paid a visit to Lianyungang Port that: " It is not an easy job to develop Lianyungang Port but we can make it out by proper planning and quickening the steps."With the development of the inter land in China and the "Go Western Campaign", Lianyungang has entered a new phase of its further development, in which process there are a lot of needs for capital. As a capital-oriented industry, supporting relative port equipment requires enormous investment. It can never work out again by relying on the government and the company itself alone. Therefore, Lianyungang Port is confronted with an urging problem which must be solves as soon as possible, that is, how to finance the investment and how to allocate the money.This dissertation focuses on two actual issues. The first one consists of three chapters from chapter one to chapter three, mainly discussing on current situation about port investment theories and the financing ways based on the actual condition of the Port of Lianyungang by being listed in the market. The other part involves chapter four, chapter five and chapter six, in which a model is made to evaluate economic indicators. This is the most important part of this dissertation.With regard to such characteristics of the investment in ports as capital intensity, sink of costs and long periods of recollecting, it is urgent for Lianyungang Port to set up a motivated, not a static, model to calculate appropriately relative economic indexes on the condition of limited capital to find out ways how to allocate money properly and reasonably. This thesis, concerning with what we have discussed above, focuses on setting up such a model to solve the urgent problem that Lianyungang Port is facing now so as to provide evidence for possible allocating measures.Lianyuangang Port became a listed company in April 26, 2007.820million yuan was collected in order to construct Xugou No59 multipurpose dock and coke dock. The economic index of IRR, NPV and payback period in the two projects is calmulated by emulation, in order to judge whether the projects are reasonable.The outcame is so desired that both are worthyLast but not least, the author also makes some suggestions to the application practice of the system dynamic model in port industry.