Title :
Research on investment and financing pattern of urban infrastructure project based on the theory of value integration
Author :
Yu, Liu ; Wen-ting, Wu
Author_Institution :
Sch. of Investment & Constr. Manage. Center for Constr. Manage., Dongbei Univ. of Finance & Econ., Dalian, China
Abstract :
To address the shortage of supply of urban infrastructure, a large amount of private capital is required to participate in construction and operation of the urban infrastructure project. At present, the policy has allowed the private capital to participate in such project through project financing pattern (such as BOT, TOT and PPP, etc.). In order to attract more private capital to participate in construction and operation of the urban infrastructure project, to avoid or reduce the loss of public welfare, this paper proposed of a new investment and financing pattern, which is cored on urban infrastructure, according to the relevant projects integration and basis on value integration theory. So the purpose of this paper is to provide a new way for the private capital to participate in the construction and operation of urban infrastructure.
Keywords :
government policies; investment; project management; public finance; town and country planning; construction; investment; private capital; project financing pattern; public welfare; supply shortage; urban infrastructure project; value integration theory; Correlation; Government; Indexes; Investments; Monopoly; Transportation; Urban infrastructure; pattern of investment and financing; value integration;
Conference_Titel :
Management Science and Engineering (ICMSE), 2010 International Conference on
Conference_Location :
Melbourne, VIC
Print_ISBN :
978-1-4244-8116-3
DOI :
10.1109/ICMSE.2010.5720004