Analysis And Avoid Of The Local Arterial Highway Based On BT Project Risk

Along with China’s economic growth into the trough period, domestic economic growth rate began to fall, in which economic growth was going downhill under the big background, the government departments at all levels to stabilize the current economic situation, pull out all the stops to ensure economic growth, one of the most important and effective means is through the expansion of investment to drive economic growth. While our government departments at all levels to favorite investment for infrastructure construction investment, the glimpse from the fiery extent across the country launched the project in capital construction. But at the same time, because the government control of the funds, so that from the point of view, the huge cost of infrastructure projects, once launched, will tend to make the government more financial pressure. In this context, the BT(Build-Transfer, namely to build-transfer) mode, more and more becomes the first choice for all levels of government infrastructure projects. But the BT model as a new financing model, some risk problems in the application process, how to avoid the risk of treatment in the BT model becomes the key of BT model can be widely used.This paper Trunk Highway construction in Yichun city based on the project, the local highway construction BT project risk analysis and avoidance. By searching the literature home and abroad, the risk theory, within the framework of the principal agent theory is summarized to avoid the risk of BT mode. The theory basis for the formation. The local arterial highway BT project risk analysis, to determine the BT project definition, operation mode of BT projects, BT mode construction problems; the local arterial highway BT project risk analysis, project bidding risk analysis, risk management, project financing, government credit risk, environment risk force majeure risk; on the local highway BT project risk characteristics were analyzed, summarized the risk stage, the complexity of risk, risk of subjectivity; the local arterial highway BT project risk evaluation methods are briefly introduced. The construction project risk circumvention mechanism analysis of local arterial highway, the construction strategy of BT project risk aversion local arterial highway, make the local highway construction BT project risk circumvention mechanism, and the mechanism, supervision mechanism, incentive mechanism, risk early warning mechanism are given.Finally, this paper analyzed and summarized the construction of BT iron Trunk Highway of Yichun City, the mode of operation of the project are analyzed, summed up the project risk and the corresponding evaluation mechanism to avoid the risk, and the corresponding, the research results of this paper can provide reference and guidance for the application of BT mode in the local in the construction of highway project.