Research On Risk Management Of Road Project Financing In Urumqi Branch Of Agricultural Bank Of China

In recent years,the growth rate of investment in domestic infrastructure construction projects has been accelerating.With infrastructure investment as the engine,economic growth,stable employment,improvement of residents’ living standards,and the coordinated development of related industries have achieved remarkable results.Xinjiang is located in the northwest of China,with a vast territory and relatively backward infrastructure construction,so the construction of highway projects plays a significant role in promoting the economic development of Xinjiang.To vigorously develop the transport industry,we cannot do without the support of financial institutions.The main characteristics of highway project financing are large scale and long term.The stable cash flow after the completion of the project also provides full repayment guarantee for its financing.The financing channels of highway project are constantly expanding,from the traditional bank loan to the combination of equity and debt financing to the use of direct financing products,which greatly meets the capital needs of highway project construction.At the same time,the risk of highway project financing is becoming increasingly prominent,and the simple risk identification and assessment in the past can no longer effectively meet the risk management needs of commercial Banks.Based on the perspective of the front-end review of expressway project loans,how to effectively support the development of Xinjiang’s transportation industry and at the same time do a good job in project financing risk management is crucial,which has a certain contradiction with the project’s large amount of capital needs.How to effectively identify and evaluate project financing risks in a more scientific and objective way is a new task faced by commercial Banks,which needs to realize effective risk management in the identification and evaluation stage of project financing risks according to the constant changes of macroeconomic,policy and other factors.This article takes the reference suggestions for the expressway project financing risk management countermeasures of Agricultural Bank of Urumqi Branch as the research purpose,one is to summarize and analyze the previous research results at home and abroad through the literature research method;the second is the expressway project financing risk of Agricultural Bank of Urumqi Branch Identify and evaluate as the research object,introduce the G575 line Balikun to Hami highway project as a case for specific analysis;the third is to use the questionnaire method to widely collect the risk concerns of the social capital party and the project main body.Through the above research,the main countermeasures for the identification and evaluation of highway project financing risk management of the Agricultural Bank of Urumqi Branch are obtained.One is to improve the project financing risk management system;the other is multidimensional dialectical analysis to improve the objectivity of project evaluation,mainly including Taking into account the actual total investment difference in project implementation and the actual financing spread,the regression model is used to fully verify the rationality of the base year’s traffic and growth rate,and the evaluation of the project’s post-tax financial internal rate of return is moderately relaxed from a macro perspective.Through scientific and objective risk identification and assessment methods,this paper provides reference Suggestions for the future expressway project financing risk management measures of the Urumqi branch of agricultural bank of China.