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Research On The PPP Strategic Model In The Projects Development Of Jilin Yuantong Road & Bridge Group

Posted on:2016-08-31Degree:MasterType:Thesis
Country:ChinaCandidate:M WeiFull Text:PDF
GTID:2349330482460710Subject:Senior management of Business Administration
Abstract/Summary:PDF Full Text Request
The perfect infrastructure can effectively protect the ecological environment, improve and enhance the quality of living environment. Urban infrastructure plays an important role in urban construction and development, especially in small towns, the infrastructure can decide the survival and development. Therefore, in order to achieve the development of small cities and towns, we must focus on the establishment and improvement of infrastructure. Overall, the development of urbanization in our country is not balanced, and the ability of building the infrastructure is weak in small towns. Compared to the central city, the number and the overall level of basic facilities in small towns are relatively backward, which will become an important factor restricting the development of the towns. In the process of the development of urbanization in our country, in order to ensure the establishment of public infrastructure, the government adopted a variety of financing model to support the development of municipal infrastructure project. Stats and local governments have gradually established relevant laws and regulations to provide protection for the implementation of the project financing model. With the accumulation of the practical experience of the infrastructure projects, the financing model has been continuously improved. In recent years, various financing modes have been widely used in the construction of urban infrastructure, which promote the rapid development of urbanization in China.The construction of urbanization needs to invest a lot of money to the establishment of public infrastructure, which makes the public infrastructure investment in the government's fiscal expenditure accounted for a large proportion. The government's funds are limited, and the government must bear all the risk of public infrastructure investment. Investment funds are insufficient to support the project, which become a stumbling block to the construction of public infrastructure. To solve the problem of insufficient funds, public infrastructure projects must seek new financing channels, that is, the introduction of social capital. In the traditional mode of BT, government will give the investment and construction task to the investors, the investors pay to the contractor of the infrastructure projects. The government will repurchase after the infrastructure projects be completed. This model not only make the investor bearing financial burden in early stage of construction,but also make the government face greater financial pressure when repurchase the infrastructure. In 2014, the state promulgated the corresponding macro policies to encourage the private and social capital to enter into the construction of infrastructure, which provide an external political foundation for the development of PPP model. The Medium and small towns have limited resources, and the market is small, the risk of investment is high, the conventional financing mode is not applicable. Using PPT mode, the government and the private enterprises can work together to share the benefits and risks of the project. This model can not only solve the problem of insufficient funds in the local government, but also solve the funds problem which is exists in BT mode. In the process of infrastructure project construction, the PPP model can improve the operation efficiency of the project and improve the innovation ability of the project. It is a favorable choice for small and medium-sized cities and towns to establish the infrastructure project.In this paper, we take the Jilin Yuantong Group as an example, introduce the overall development situation of the project and introduce the financial situation of the enterprise. On the basis of understanding the present situation of the project development, we analyzed the problem of using the BT mode. Through compared the BT mode and PPP mode, we clearly stated the necessity of using PPP model. Next, this paper analyzes the internal and external environment of the enterprise, and uses the SWOT model to identify the advantages, disadvantages, opportunities and threats faced for the enterprises, and to determine the corresponding development strategy. Take the financing and risk allocation of the infrastructure project as the entry point, the paper introduced the feasibility and Prospect of the application of PPP model in the field of infrastructure. In order to ensure the effective development of the PPP model, this paper analyzes the strategic implementation and security plan of the project development with using PPP model, and provides reliable support for the project development of the group company.
Keywords/Search Tags:Infrastructure, Project Financing, PPP model
PDF Full Text Request
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