Research On The Financial Risks Of Overseas Investment By Infrastructure Companies Under The Background Of The “Belt And Road” Initiative

With the development of one belt,one road and the gradual saturation of domestic infrastructure market,more and more infrastructure enterprises choose to go abroad to expand overseas markets.However,due to the huge differences in politics,economy,culture and other aspects between countries,infrastructure enterprises are facing a variety of risks in overseas investment,especially financial risks.The overseas investment projects of capital construction enterprises have the characteristics of long cycle and large amount.How to control the financial risk effectively in the complex and changeable international investment environment,so as to ensure the sustainable and healthy development of capital construction enterprises in the international market,is an urgent problem for the current capital construction enterprises to solve.Therefore,this paper one of the "one belt,one road" as the background to study the financial risks of overseas investment of infrastructure enterprises,and provide reference for the financial risk prevention of overseas investment of infrastructure enterprisesFirst,one belt,one road,the first one is the analysis of the current situation of the overseas investment of capital construction enterprises under the background of "one belt and one road".At the same time,the factors affecting the overseas investment of infrastructure enterprises are analyzed from three aspects: macro,meso and micro.Then,taking CSCEC’s investment in PKM project in Pakistan as an example,this paper analyzes the financial risk identification of PKM project in Pakistan.By using the analytic hierarchy process,11 evaluation indexes at macro,meso and micro levels are selected to build the financial risk evaluation system of PKM project in Pakistan,and a judgment matrix is constructed to calculate the weights and weighted scores of each index.The final result is controllable wind One belt,one road,China’s insurance company.According to the evaluation results,the paper puts forward the coping strategies for four main financial risks,including cost control risk,capital recovery risk,exchange rate risk and financing risk.Finally,it puts forward policy proposals for the financial risks of overseas investment of infrastructure enterprises under the background of "one belt and one road" from three aspects of the state,industry and enterprise,so as to help Chinese infrastructure enterprises to go out better.