| According to the Sate Council of communications in 2017 by the transportation 13 th five year’s development planning,National highway mileage from 2015 of 124,000 km increase in 2020 of 150,000 km.The highway covers the city with a resident population of more than 200 thousand.At present,highway development is faced with the rapid development of social contradictions and the shortage of highway infrastructure,large infrastructure investment needs and the shortage of funds for construction of contradiction.Only by government funds have apparently can’t meet the demand,in this case the Public-Private Partnership models have produced.Public-Private Partnership models organic combination of not only the government department of the planning,organization and coordination ability and the relative abundance of private sector capital,but also has the advanced technology and high management efficiency of the private sector.It can make the various partners achieve a more favorable result than alone action.Because Public-Private Partnership of infrastructure projects last for a long time,broad,the investment financing volume big,risk factors,more great risk.Effective risk management is the key to ensure the project smoothly.On this basis,through literature review and case analysis,based on the related theory of PPP project and risk management and from investors side,the paper combined with case which is FFH expressway project focus on identifying risks under PPP models and establishreasonable risk evaluation management system to deal with investaient and financing risks.From the perspective of establishing the project investment risk evaluation index system,the paper use the fuzzy analytic hierarchy process to research deeply on the investment risk of expressway project under PPP mode.Firstly,This paper introduces the definition,classification and connotation of PPP mode from the domestic and foreign scholars’ on the research of the risk of PPP highway project.Then The paper analyzes the existing problems in the PPP highway project in China,and explains the necessity of the investor’s risk management research.Secondly,the paper introduces the methods and research status of PPP project risk management,uses the checklist and the research literature which form domestic and foreign scholars on PPP project risk to determine the preliminary risk identification list.In this paper,we use the form of questionnaire survey to clarify the whole life cycle risk factor,then construct the list of secondary risk structure,and finally determine the risk list of PPP highway project.Thirdly,by comparing the advantages and disadvantages of the risk assessment methods,this paper uses the analytic hierarchy process(AHP)to analyze the risk factors.The risk factors are graded by expert evaluation method,and the data processing process of risk evaluation index is clarified.Finally,the paper from the perspective of investors,according to the actual situation of the FFH expressway project,interviews with the experts participating in the project to determine the risk assessment system indicators and different factors of the weight value.In this paper,the fuzzy hierarchy analysis method for the project risk rating,according to the results of the proposed targeted recommendations. |
