Bot-bt-tot Integrated Financing Model Operating System Research

Strengthening the construction of infrastructure is an essential link of opening-up process to resist the global financial crisis and further deepen our reform, our government are corresponding issued a domestic demand expansion policy, inorder to intensify the infrastructure construction investment, especially profit-making of public infrastructure investment. Profit-making infrastructure construction, mainly includes railways, highways, airports, water conservancy, electricity engineering etc, in order to activate the state-owned assets, efficient utilization invest capital, puting forward the franchise concept, this concept is widely applied in various of operational infrastructure construction process.Highway tunnel franchising is a mode of highway concessionary management. at present,our country is in the development stage. In charter operating range, financing mode will meet all sorts of problems, it will be helpful to handle financing problems for highway tunnel projects.In view of the above reasons, in public infrastructure construction process, especially in highway tunnel project franchise financing mode, which has represented various financing mode such as BOT,TOT, BT to selected. Each single mode in operation system has different characteristics. But in actual project implementation process, unavoidably shows status which is franchise financing pattern unable to meet the project's actual demand. So,this needs to be integrated by several financing models. Integrated concept is divided into two categories, one refers to the comprehensive consideration of advantages and disadvantages of financing mode in a project implementation process, combined apply all kinds of them.Or by a single mode on the advantages of each mode structure absorption, forming a new a financing model.Based on specific characteristics of highway tunnel project financing, on the basis of financing mode of domestic and foreign single operation system, with BOT-TOT Integrated Financing System as the guidance, establishing the hall 3d model based on hall franchise model. Research on BOT-BT-TOT integrated financing system: In BOT financing mode, use ZOPP methods to analyze reasons of project operation mismanagement and use factor analysis to find out the main factors so as to establish the regression model. Forecast earnings profit and loss situation. According to the forecast earnings, government will take BT financing mode to repurchase, as the project running, combining pricing principle and hall 3d model related theory construction last model, puting forward hall 3d model based on franchise TOT mode.Based on highway tunnel project financing operation mode put forward the corresponding countermeasures.