Study On Risk Management Of Chinese Enterprises Investing In Cambodia Hydropower BOT Project

With the rapid development of China’s economy,China has made great strides in the field of foreign investment in recent years,and the corresponding achievements have also been achieved,of which the investment of the Cambodian hydropower project has achieved remarkable results.The investment of the Chinese enterprises in the water and electricity projects in Cambodia mainly takes the BOT mode to carry out the investment construction,but because China compared with many developed countries,the application of the BOT project to the foreign investment is relatively late,the application of the method is not mature,Because of the complex international environmental characteristics of the international project itself,the investment of the project using the BOT model is of great risk,such as political risk The occurrence of any one of these risks has an impact on the success or failure of the whole Cambodian hydropower project.Therefore,this paper takes the second-level hydropower BOT project of Sanhe River as the concrete risk management research object,and combines the investment and construction of the whole project and the practice operation of the Sanhe Second-level Hydropower Co.,Ltd.(hereinafter referred to as the"Sanhe Hydropower Co.,Ltd." project).Carry out specific risk analysis on the investment of Chinese enterprises in the domestic projects of Cambodia,and put forward targeted management countermeasures and suggestions according to the actual problems,and provide the reference for the risk management ability of Chinese enterprises in the water and electricity projects in Cambodia The lift provides a reference.This paper firstly collects a large number of BOT project concepts and characteristics,BOT project risk types,risk identification and risk assessment research literature,and discusses the relevant theory of BOT project and risk management in detail.It lays a solid theoretical foundation for the research of this paper.Then,the construction environment of Chinese enterprises investing in Cambodian hydropower BOT project is analyzed from the aspects of power construction,electricity demand and electricity price,and the general situation and characteristics of Chinese enterprises investing in Cambodian hydropower BOT project are introduced.Then,the risk identification and evaluation of Cambodia hydropower BOT project is carried out,and the Chinese enterprises are first invested in Cambodian hydropower BOT.The risk type is analyzed,namely,the political risk,the economic risk,the market risk,the legal risk and the four risk types existing in the water and electricity BOT project in Cambodia,and the risk identification is carried out on the various stages of the BOT project and the like,and the construction principle of the risk assessment is carried out,The design of the evaluation system architecture and the construction of the evaluation system evaluate the risk.This paper also selects the concrete risk management analysis of the BOT project of the second-level hydropower station in the Cambodia,and carries out the risk identification,analysis and evaluation.The case is the latest case of China’s investment in the water and electricity BOT project in Cambodia.can The risk management system of Cambodia hydropower BOT project is established by transferring the risk,mitigating the risk and strictly controlling the risk.