Study On PPP Model Of Sewage Treatment And Sludge Treatment Project In A City

With the process of economic restructuring and urbanization in China is accelerating,infrastructure and public service construction requires more and more funds.But Chinese local government revenue growth rate is gradually slowing down,the reform of the system are basically towards the direction of enterprise ‘cuts down the negative'.Therefore,the foundation facilities and public service in China is facing a huge funding gap in the development process,the local governments' financial pressure is increasing.The application of PPP model is a way to solve the current development situation.It can not only solve the difficulties of funding infrastructure projects to make up for the shortage of financial resources,but also can use the technical and management advantage of private to maximize the efficiency of resource allocation,having a positive effect on promote the development of the national economic construction,social progress and people living standards.A city sewage treatment and sludge treatment project with the PPP modes began in the second half of 2014,being included in the second batch of the Ministry of Finance demonstration project library and as the H province top ten PPP projects being widely publicized.Through the elaboration of the implementation of the project PPP mode,combined with the current domestic the latest policy and research results of the project,a comprehensive,anatomical analysis,mainly on the implementation of the program,the project features,advantages,existing problems and other aspects of in-depth study to explore the existing problems of the project,and then improve the application of its PPP model to achieve the healthy and sustainable development of the PPP project.The study found that A city sewage treatment and sludge treatment PPP project characteristics are: The practice of local government selected a social capital with high technical and a lot of funds.Using BOT and TOT project operation modes with the greatest degree of satisfaction of the operation of the project due to the different stage of project funding requirements.A higher degree of diversification,social capital and the government provides ample capital projects,bank credit lines,and vigorously support the industry fund for the project Lay a solid foundation for the smooth progress of the project.Risk allocation scheme in the replication of other domestic successful experience of project at the same time,combined with local characteristics to made corresponding adjustments.However,the project also has some common problems of PPP project in the application process,controllable mainly includes changes in policies and regulations of the local government.The credit risk of the item company is facing enormous repayment pressure and price adjustment difficulties.According to the results of the case analysis,for the smooth implementation of the steady progress of the PPP project,proposed to establish a reasonable system of order as soon as possible for the PPP mode in the premise to seek the views of local government.To strengthen the supervision and management of local government.The government should improve their own ability to use the PPP model to maintain policy continuity and resolutely put an end to default to improve the social behavior.Capital financing ability and the comprehensive strength of the degree of concern.Financial institutions should try to realize the whole process of PPP project,strengthen the loan fund supervision,actively promote the financial innovation.