Investment Benefit Analysis Of Xunyi To Fengxiang Expressway Project

At the present stage in our country,the construction and improvement of highway network is of great significance to economic and social development.However,the investment of expressway is often huge,and the government can not afford to invest unilaterally.At the same time,a large amount of idle social capital needs to be used effectively.Therefore,the cooperation between the government and the social capital(PPP mode)has begun to blossom.Highway project not only has a large amount of investment but also a long period of return.It needs very precise and prudent decision-making.It is necessary to fully analyze and evaluate the factors that affect the project investment.Based on the analysis of specific cases,this paper calculates the forecast traffic volume,operating costs and other indicators in highway project investment,and calculates the investment expenditure and operating income in combination with toll standards,construction costs,interest rates,taxes and other aspects,and then analyzes the investment benefits.Through the study of the impact of the implementation of the project on reducing operating costs,passenger time savings and traffic accidents,the benefits of the project to the national economy are quantified.In this paper,first of all,on the basis of relevant information and field survey data,the traffic flow of the proposed project in operation is predicted.Then,combined with the vehicle type ratio,the operating income is calculated by applying the charging standards,and then the investment expenditure of the project,including construction investment,operating expenses,taxes and fees,is calculated.Finally,the financial internal income is obtained.Rate index and combined financial net present value and investment recovery period,respectively,to evaluate the economic and social benefits of the project.The internal rate of return under normal and unfavorable conditions is analyzed to determine the investment benefit and risk resistance of the project.In addition,through the investigation and analysis of the project scheme and the social,economic,environmental and other factors along the line,from the social impact,compatibility and social risks,to determine whether the investment can achieve the desired comprehensive benefits.Based on the analysis of practical cases,this paper studies the factors that affect the investment benefit of the project during the construction and operation period,hoping to provide a basis for the investment decision-making of expressway.