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Study On The Financing Of Yunnan Expressway Construction Project Under The Guidance Of Government

Posted on:2016-06-24Degree:MasterType:Thesis
Country:ChinaCandidate:L LiuFull Text:PDF
GTID:2209330503950806Subject:Public Management
Abstract/Summary:PDF Full Text Request
Highway as an important transport infrastructure, the country’s economic development and social progress has great role in promoting. The highway is the important symbol to realize social modernization, is also a necessary foundation of national economic development. The emergence of the highway, solve the problem of the space and time cannot be unified, make social needed social resources can be barrier-free circulation at any time, any place, which greatly facilitates People’s Daily life, also makes the social resources in the shortest possible time to be able to use the most efficient. Today’s society, the development of the economy is experiencing a leap, this makes people demand for means of transport and improve greatly, the highway is the indispensable a convenient transportation facilities. Accordingly, the construction of highway and will need a lot of money to support the expansion, the development of highway and is closely related to the financing, financing potential of the industry itself. In the process of the highway development, the demand of funds and financing model is match each other’s ability to raise funds. With the continuous development of the highway, the large increase in money demand, this led to the present highway industry behind the financing system and its development speed does not match. That is to say, the supply of money has been unable to meet the demand for money, its industry development to create the funding gap, which is harmful to the development of the highway. Of course, we can through some economic means to temporarily alleviate the problem of similar funding gap, but this is not a long-term solution. Want to want to avoid the occurrence of similar problems, we still need to start from the fundamentally of financing system, solve the highway construction project of problems such as insufficient funds.In recent years, the highway construction in yunnan province has made good result, provides a strong guarantee, bridgehead construction in our country, but in the construction of highway projects, insufficient funds problem has become increasingly serious. In the process of highway construction project financing, due to the lagged idea of financing and financing a single, leads to the highway construction project capital source channel impeded, make the highway project construction in yunnan province have to face the rising debt burden. So, from the fundamental up the innovation of highway construction project financing idea, to seek new financing mode, the highway construction project in yunnan province today want to maintain good development it is necessary to develop a new source of financing, avoid the funding gap. In this paper, by adopting the research method of literature analysis, comparative research from the theory of public product and public product hierarchy theory aspects, such as defining the current quasi public goods attribute of the highway and highway toll pricing theory is related to introduction, earnest analysis of the current main financing model, lay theoretical foundation for the later discussions. In carefully combed in yunnan province highway construction project financing development history and the current highway construction in yunnan province financing problems of the process of the study, and to understand and analyze the financing of the current state of the industry itself., according to a study found that the current highway construction in yunnan province of the main problems existing in the project financing as the principle of financing and financing system reform lag, lack of innovation, financing ways, and there is a certain causal relationship between the three. This paper through from the experience of highway construction projects at home and abroad financing from the build system, perfecting the supporting system and mechanism, vigorously develop the PPP financing model, in response to the highway construction in yunnan province development put forward reasonable Suggestions.
Keywords/Search Tags:The government, The highway, Financing model, Problem, Countermeasures
PDF Full Text Request
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