Study On Government Risk Assessment Model Of Urban Infrastructure PPP Project

Since the 19 th National Congress,the construction of China’s urban infrastructure PPP project has set off a new upsurge.However,the previous studies on urban infrastructure PPP projects focused on the identification and evaluation of project construction risks and financing risks.There are indicators on the urban risk identification and evaluation of urban infrastructure PPP projects that are unclear,and evaluation models are highly subjective.problem.Based on this,this paper takes the government risk assessment of China’s urban infrastructure PPP project as the research object,innovates its government risk assessment model,and conducts empirical analysis on the basis of theoretical research,and proposes risk method countermeasures.Specifically speaking,firstly,this paper constructs a government risk assessment index system for urban infrastructure PPP projects from five aspects through questionnaire survey and literature review.Combined with the results of the questionnaire survey,the main component analysis method is used to implement the index system constructed in this paper.Verification,verification of its scientific nature and rationality.Secondly,aiming at the shortcomings of traditional methods in assessing the government risks of urban infrastructure PPP projects,this paper combines the principal component analysis method,the improved entropy method and the grey relational model,and analyzes and evaluates the risk factors in the criterion layer and the indicator layer respectively..The empirical analysis is based on a sample of infrastructure PPP projects in fourteen cities in China.The research results of this paper show that: First,the impact of force majeure risk on urban infrastructure PPP projects is unpredictable,and the cost of preventing such risks is relatively large;public risks are more impact on government participation in PPP projects than other risk factors.Small;political risks,economic risks,and project construction risks are jointly borne by government departments and the private sector.According to the principles of project sharing,government departments can transfer some risks to the private sector,thereby improving the ability to cope with risks.Finally,according to the results of government’s participation in risk assessment of urban infrastructure PPP projects,this paper proposes engineering risk measures,political risk measures,and legal risk measures to circumvent urban infrastructure PPP projects,so as to increase the participation enthusiasm of project investment for the construction of follow-up projects.Lay the foundation for development.