Study Of BT Project Financing Mode On Public Infrastructure Construction

Perfect public infrastructure is the necessary conditions of the economic devclopmen(?).In today’s volatile economy, our country to public infrastructure construction demand is quite large, but the government financial capital shortage restricts the public of infrastructure, In addition, public infrastructure construction general need to spend a long time and a large capital investment, especially in the present stage of our country economic activity is more and more frequent financial capital under the premise of limited, research how to introduce new financing ways to support public infrastructure and reduce the cost of funds perfect is very necessary. New project financing model such as BT, BOT, the PPP and TOT from the introduction of a certain degree of public infrastructure construction solved the problem of shortage of funds. Large state-owned construction enterprise to use the new type of investment and financing mode to make themselves into the construction industry’s upstream of link, promote the construction business expanded enterprise scale increased market share, and successful transition for investors, fully play out their own advantages to achieve the optimal allocation of the enterprise resources, and improve the enterprise strength increase the economic benefit. In BT, BOT, the PPP and TOT new project financing mode, BT mode is the best mode for China’s national conditions. But at present, our country to BT project financing model know whether in theory and in practice are lacking, the relevant legal systems are not perfect, it is restricted the BT project financing mode in public infrastructure construction in play to its biggest effect. This paper aimed to through the theory research and case studies the method of combining the analysis of public infrastructure field BT project financing also problems and measures.This article is divided into six chapters, frame as follows:the first chapter for introduction, this paper puts forward the research background, significance, research methods, etc.; The second chapter for literature review, foreign in project financing theory, BT project financing way, BT project accounting treatment, BT project tax practice research are more mature, our country in the related aspects of the later start; The third chapter for the theoretical foundation; The fourth chapter analyzes the present situation of the financing of BT project and accounting treatment; Chapter5is J highway project construction BT case analysis; The sixth chapter is summarized and related Suggestions, through case analysis found our country BT project financing modes in public infrastructure construction also existing problems, and puts forward the corresponding measures.This paper studies contribution is:to the domestic and international scholars have public infrastructure construction BT project financing literature comprehensive summary, can be used as the reference for the researchers later; In the comprehensive reference BT project financing research more mature the United States and China’s conditions of close to the Philippines and Vietnam, on the basis of the country, combining with the actual situation in our country, and put forward the solution BT project financing and the countermeasures. In reference to the inadequacy of the country is not comprehensive, quantitative research is not too full, analytical case number are not enough.