Study On Risk Management Of MY Expressway Project Under PPP Mode

China’s economic development is not balanced,the economic development of Yunnan province needs expressway as the main artery to drive the local social and economic development.Highway construction needs to rely on the power of the government,but the government has a limited financial.The PPP model can effectively solve the problem of lack of funds for expressways.In addition,it can also promote the improvement of government management ability and knowledge level of expressways.From home and abroad about the characteristics of PPP project operation point of view,the PPP mode to mobilize social capital to participate in,but there is still a shortage at the same time,such as long working period,capital demand big difficult,complex projects,risk identification,risk response lag and so on,the PPP mode of highway qualitative risk analysis of the research of scholars focused on the risk,Lack of quantitative identification of risk factors.The identification and evaluation of risk factors is crucial to the investment and management of PPP projects.Based on the operation of PPP mode,this study has positive significance for MY expressway project risk identification and qualitative and quantitative analysis.First of all,the connotation of PPP model is analyzed,and the theoretical support of the paper research is well played.Again,introduces the characteristics of MY highway project,using the perspective of social capital,analyzes MY existing in the highway project risk factors,on risk factors mainly from the investment,the investment risk factors in the process of summary,before summarizing out MY major risk factors for highway project from force majeure risk and force majeure risk.To better assess and identify MY risk of expressway project,with the method of risk identification,define the core of MY highway project risk factors,using hierarchical analysis method,build MY highway project risk evaluation matrix,build the hierarchical model,combing MY highway project risk factors,using the expert evaluation method,fuzzy comprehensive evaluation method,Through the weight calculation and ranking of risk factors affecting MY expressway project,the key risk factors of MY expressway project are determined,the risk management evaluation results of MY expressway project are obtained,and specific countermeasures are put forward.Through the study of this paper,it is found that the application of PPP model in highway projects can maximize the attraction of social capital into infrastructure construction,and effectively reduce the risk of highway projects.From the perspective of the risk types and characteristics of MY expressway project,different risks have different impacts on MY expressway project,and different risk factors in different risk types have different impacts on the project.MY highway project using PPP mode operation,with the risk assessment of the operational risk measurement of specific weight,the risk factors for MY the influence degree of the highway project is not up to the top of the main factors in the handover conditions risk,financing risk,operational risk of cost overruns,maintenance management risk,return on investment risk,interest rate risk,competitive risk,etc.Therefore,from the perspective of risk control,the risk management of MY expressway project under PPP mode can be controlled by strengthening the management level of social capital.We should pay attention to the cost and risk of investment and financing in the control of financial risk.In the management and control of political risk,it is necessary to strengthen communication and cooperation with government departments to prevent the project from being difficult to advance due to the change of government policies.In terms of the risk control of construction completion,MY expressway project needs to make a good budget and planning,and the project needs comprehensive design,scientific and reasonable calculation,etc.,to ensure the participation of multiple subjects and ensure the duration of MY expressway project.