The Investment Risks Management Reaserch For Bt Project Of Kunming Pan-asia Financial Industrial Park

As an important part of urban planning and developing,municipal construction embodies a city's developing positioning.Highly developed municipal roads which is similar to the arteries of a city could reveal the economic vitality and reflect the economic developmental level of a city.With the opportunities in Thirteen Five-Year Plan period,Kunming,which is the shining pearl of southwest China,vigorously promotes the urban circle construction and responds the national urbanization process.Large-scale municipal construction needs great local financial support.However,the contradiction between limited financial resources and large-scale municipal construction is an urgent problem to be solved.Attracting social capital to participate in the urban construction is the general financing strategy adopted by the local governments.Constructing-transferring is a typical risk-oriented investment method.During using the BT Model in municipal construction,the investors have to face a lot of risks.It is the key to success to identify,analyze and avoid the risks.Taking the BT Project of Kunming Pan-Asia Financial Industrial Park as the research object,this paper analyzes the risks of the project in the operation procedure in detail by adopting the method of combining the theory and case to develop an effective measures eventually.This paper takes the risks in the project operation process as a breakthrough point.In order to develop risk coping strategies and provide security measures to future projects,this paper analyzes the causes,categories,influences and results of risks by using the theories of risk management,and also with the help of experiences from BT Project.In the course of the case study,plenty of engineering data and charts are used to make the analysis of the risks more concrete and comprehensive.This paper identifies the majority of risk factors that may exist in the project,and puts forwards to the strategies of risk avoidance,transfer,control and retention to resolve and eliminate the economic losses that is caused by the risk factors in the project.