Research On Flexible Decision Of Railway Passenger Dedicated Line’s Project Financing

The railway project is an important infrastructure construction and development affect the pace of development of the national economy. With the promulgation of the "long-term railway network plan", the construction of railway passenger line officially entered a period of rapid development. However, due to the costly construction of railway passenger line, the traditional railway investment and financing mode is far from meeting the demand for funds for construction of the railway passenger line. Thus, how to broaden the financing channels, reduce financing costs, optimize the financing structure, scientific and reasonable financing decisions has become a major issue for the development of China’s railway is also the key to sustainable development of China’s railway links.First, this paper studies the status quo of the financing problems of railway passenger line defines the concept of the Railway Passenger Line financing decisions, summed up the characteristics of railway passenger line financing; Second, both from the equity financing and debt financing, Railway Passenger Dedicated Line financing and its applicability to system analysis to quantify the cost of financing, and the different ways of financing; once more in-depth study of the Railway Passenger Dedicated Line financing decision-making environment, financing risk, uncertainties in the parsing process of financing. On this basis, the article from the financing body degrees of freedom, the risks associated with the degree of implementation of the five aspects of feasibility, the effect of economy as well as the late management convenience, select a limited liability company with the financial institutions of the passenger dedicated line relationship between the size of the company, information accessibility17indicators of the degree, completion risk, institutional risk, build the index system of railway passenger line financing decisions, and flexible decision-making ideas into financing decisions, and the establishment of a multi-objective flexible decision-making model for scientific selection of financing options. Finally, the combination of SW passenger special case, the decision-making model to simulate deduction to verify the feasibility of the model, scientific and advanced.