PPP In Kunming Study On The Application Of Urban Rail Transit Construction

The speed of urbanization is accompanied by the continuous development of urban economy.With the increasing problem of urban congestion,the construction of rail transit has become a major way to solve the problem of public transport.The importance of rail transit is reflected.Urban rail transit is a category of public goods,with large-scale construction funds,long investment returns and small operating profit and other characteristics,the continuous construction of urban rail transit will bring great pressure on the government finance.A single government investment can not meet the needs of the public,in order to solve the financial problems,to ensure the effective provision of public goods and services,the relevant government departments to introduce social capital,in the construction of public transport mode of rail transit.Based on the development of rail transit industry in Kunming,Yunnan Province,this paper chooses Kunming Metro Line 5 as the main case,introduces the application of PPP mode in urban rail transit construction,and the specific operation mode of BOT.In the process of PPP application And the reasons for the existence of the problem from the public sector,the private sector and financial institutions.Finally,in order to Kunming in the future in the field of rail transit construction better use of public and private cooperation model,put forward targeted thinking.The two sides to follow long-term cooperation as the basis,improve the risk-sharing mechanism to protect the balance of public and private risk sharing rights balance.To ensure the smooth development of public-private partnerships,should establish a professional operating services,and from the private enterprise financing to the final exit should establish a sound financial services system to promote the development of public-private partnership model and promote the application.