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Research On Risk Re-Allocation Mechanism Of Infrastructure PPP Project

Posted on:2019-03-25Degree:MasterType:Thesis
Country:ChinaCandidate:X J WuFull Text:PDF
GTID:2429330566981164Subject:Technical Economics and Management
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the process of modernization in our country has been significantly accelerated With the economic and social development,The Nineteenth Congress put forward people's expectations for a better life,and the people put forward higher requirements for the infrastructure.The development and application of PPP models has made social capital play an increasingly important role in infrastructure construction.However,in the implementation process of China's PPP project,there have been many problems such as high re-negotiation rate and many failures in re-negotiation,leading to PPP projects.Reduced signing rates,difficulty in landing,difficulty in promotion,impeding the smooth development of PPP projects,the investment enthusiasm of social capital,and the sustainable development of PPP models,and quickly and effectively resolving infrastructure and risk re-allocation events have become a focus of concern in the industry.This article studies how to build an effective infrastructure PPP project risk re-allocation mechanism and conduct research.The dissertation elaborates on the incompatibility of the existing sources of infrastructure PPP project risk re-allocation and the causes of blindness,inefficiency,and research methods.Firstly define the infrastructure PPP project risks based on public product theory and stakeholder theories,then share the events and risks and share the main body,lay the foundation for follow-up research,make the research results more targeted and more applicable;consider the difficult-to-recognize and stress-sharing features of the infrastructure PPP project risk re-allocation events which were inspired by the guidelines for the settlement of disputes in PPP projects.Relying on the powerful expert bank resources established by governments at all levels,more fairful and objective third-party evaluations were introduced to risk.Undertaking the subject's comprehensive risk management capabilities as the research object,combining the characteristics of risk re-sharing events,the effects of risk sharing,the principle of project project risk sharing,and combing of relevant reference documents to initially establish a risk-sharing evaluation index system,through expert interviews.the preliminary established index system is revised and finalized,and then finalized.Establish a risk assessment model for infrastructure PPP projects based on the fuzzy TOPSIS method to effectively implement the results of ensuring risk re-sharing.Starting from the principle of mechanism design,the system of risk re-prioritization is designed.At the system level,behavior-oriented and behavioralized systems are formulated to guide and constrain the re-sharing of risk between the parties and ensure the successful implementation of risk sharing.Finally,taking the H city incineration power generation PPP project as an example to conduct an empirical analysis,and then finding a suitable risk bearer for the risk sharing of the project,verify the feasibility of the model in the risk sharing of infrastructure PPP project,and summarizing the experts reconcile the opinions to provide guidance for the sharing of risks in the infrastructure PPP project,promoting the smooth implementation of the project,and thus providing possibilities for the promotion of the PPP model and healthy and sustainable development,so that the PPP model is an escort for China's economic and social development.
Keywords/Search Tags:Infrastructure, Public-private Project, Risk Re-allocation, Fuzzy TOPSIS
PDF Full Text Request
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