Research On The Risk Of Construction Enterprises In PPP Projects

In recent years,in order to cope with the global economic crisis,the state has issued a series of macroeconomic policies to intervene in the economy.So the government’s debt continues to be expanded.When investing in new urban infrastructure,financial investment by the central and local government has been far from meeting the needs of social development,because of its large amount of financing,long construction period,the characteristics of large operational risk.Using PPP mode,it is an effective way to solve the problem of insufficient investment in infrastructure.PPP model on the one hand can solve the problem of project financing,reduce local government debt.On the other hand,it also brings new opportunities and challenges for the development of infrastructure investment related industries.The development of new market space is extremely beneficial to the construction industry and other related industries,but the risks of new market operation mode has also brought new challenges to the processing capacity of the industry enterprises.In this research,the risk of construction enterprises in the PPP projects has been systematically studied.Through the analysis of the project life cycle,find the stakeholders in different stages of the project,has carried on the analysis to the principal-agent relationship formed between stakeholders,constructed the PPP project optimal principal-agent architecture for the construction enterprises to participate in the main body.Based on the perspective of construction enterprises,stakeholders as the main source of risk,has analyzed the risk of the project,and gives the prevention strategies for the corresponding risk,provides a feasible risk analysis and identification theory and preventive control strategy for the construction enterprises to participate in the PPP project.