Asset Securitization Financing Scheme Nansha Rail Transit Project Design

Urban rail transit construction requires huge financial support, while asset securitization based on the income of rail transit gradually becomes a new mode of financing in recent years. With the rapid development of Nansha New Area, Guangzhou, the rail transit construction shall, as an important part of the infrastructure of the New Area, seek financial support in a broader market for greater development, which not only relieves pressure on local government finance, but also makes greater efforts on the rail transit construction. This article, through designing the financing plan for the asset securitization of the rail transit project in Nansha, Guangzhou, explores the feasibility of applying the financing mode of asset securitization to the rail transit construction, aiming to expand the financing channel for the future urban rail transit construction and to bring a new force to urban construction and capital market.This article, based on related researches and achievements at home and abroad with fundamental principles of asset securitization and the rail transit construction of Nansha, Guangzhou, proposes an integrated solution for the asset securitization of the rail transit construction of Nansha, Guangzhou. The core part of this article is, firstly to do a deep research on the practical situation of the idea above-mentioned, then to design a financing plan of asset securitization suitable for the physical truth of Nansha rail transit construction through comparison and analyzation, and finally to discuss the risk of asset securitization financing for Nansha rail transit construction and the countermeasures.According to the analyzation of this article, under the support of the "Twelfth Five-year Plan", the "Development Plan of Nansha State-Level New Area" and "New Urbanization Construction" and other policies, to apply asset securitization to the financing of rail transit construction is a feasible way to greatly develop the urban infrastructure of Nansha. Under the policy support of the government, Nansha shall attract investment from private capital, and conduct commercial operation on rail transit property to increase economic returns, which leads to a virtuous cycle of investment and financing, construction and operation of the urban rail transit.