• DocumentCode
    1895854
  • Title

    Study on Non-State-owned Capital´s Involvement in Expressway

  • Author

    Genyan, Lü ; Jianping, Wang ; Qizhi, Wu

  • Author_Institution
    YunNan Univ., Kunming
  • fYear
    2006
  • fDate
    21-23 June 2006
  • Firstpage
    175
  • Lastpage
    180
  • Abstract
    China´s expressway course achieved stunning success in the past years. China has already established its National Trunk Highway System. At present, the expressway funds sources consist of national finance, funds through capital market and foreign investment. However, bank loans and national finance remain the main capital source. With government investment is less and less involved in infrastructure projects, there will be a huge capital gap in expressway construction. It is certain that non-state-owned capital will be a fresh source. From both project level and company level, this paper studied seven financing models that non-state-owned capital is using to get into expressway area; then analyzed the adaptiveness of these models in China; finally recognized the obstacles for non-state-owned capital to join in expressway construction and put up with feasible solutions
  • Keywords
    investment; public finance; road building; socio-economic effects; China expressway construction; National Trunk Highway System; bank loans; capital market funds; foreign investment; infrastructure projects; national finance; nonstate-owned capital involvement; Business communication; Finance; Investments; Local government; Partial response channels; Road transportation; Shape; Traffic control; Expressway; Financing Model; Investment and Finance System; Non-State-Owned Capital;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on
  • Conference_Location
    Shanghai
  • Print_ISBN
    1-4244-0317-0
  • Electronic_ISBN
    1-4244-0318-9
  • Type

    conf

  • DOI
    10.1109/SOLI.2006.329058
  • Filename
    4125573