高速公路项目投融资研究
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摘要
高速公路是国家现代化进程的重要组成部分和标志,在我国国民经济与社会发展进程中发挥至关重要的作用,国家“十二五”规划提出高速公路应按照适度超前原则发展。亟需对高速公路项目投融资展开全面系统的研究,挖掘新的高速公路投融资渠道,变革既有高速公路项目投融资结构,丰富我国高速公路项目投融资理论体系,为形成网络设施配套衔接、技术装备先进适用、运输服务安全高效的国家综合交通运输体系提供保障,具有理论价值和现实意义。论文积极探索我国高速公路项目投融资本质特征及客观规律,从以下几方面对高速公路项目投融资进行系统研究和深入探索。
(1)全面分析区域经济发展与高速公路系统之间相互制约和协调的关系,积极探索区域经济与高速公路投融资需求之间关系,揭示我国高速公路投融资需求规律,定量分析区域经济对高速公路项目投融资的影响。
(2)设计面向银行的高速公路项目投融资主体信用评估指标,提出高速公路项目投融资主体信用评估原则与方法,合理确定高速公路项目投融资主体的信用等级,有效解决高速公路项目投融资主体信用评估的模糊不确定性问题。
(3)全面分析高速公路项目投融资风险识别问题,揭示高速公路项目投融资风险的源头,并构建高速公路项目投融资风险评价及其分担模型,提出一系列高速公路项目投融资风险评价决策技术。
(4)定量分析高速公路项目投资和融资之间的关系,构建具有高速公路项目投融资组合决策模型,并设计高速公路项目融资租赁模式,深入探索高速公路项目融资租赁决策和定价机制。
(5)界定高速公路项目资金需求方与供给方的基本内涵,深入分析高速公路项目资金供需方博弈行为,探索高速公路项目投融资宏观管理机制,并设计高速公路项目投融资个体微观管理机制和群体微观管理机制。
Highway, an important part and sign of the modernization process, plays a crucial role in our national economic development and the process of social progress. The 12th five-year plan has proposed that highway develop with the principle of moderate forward thinking. As a result, the investment and financing of highway projects should be studied urgently and completely in order to explore new highway project investment and financing channels and change the existing highway projects investment and financing structure and also enrich the theoretical system of investment and financing of highway projects, all of which are of great theoretical and practical significance and will provide guarantee for forming National Comprehensive Transportation System with good convergence of network facilities, advanced and applicable technology and equipment as well as safe and efficient transport services. The essential characteristics and objective laws of highway projects investment and financing are all explored in the paper, and then the paper conducts an in-depth exploration on highway projects investment and financing in the following aspects.
(1) The mutual constraints and coordination relationship between regional economic development and highway system is analyzed comprehensively, and the relationship between the regional economy and highway investment and financing needs is also explored actively. Besides, the requirement laws of highway projects investment and financing are revealed and the impact of regional economy on highway projects investment and financing is analyzed quantitatively.
(2) A credit evaluation index system oriented to the banks of highway projects investment and financing is designed and the basic principle of the system is also put forward to determine the credit rating of the highway project financing body and solve the fuzzy uncertainty problem of the credit evaluation effectively.
(3) The risk identification problem on highway projects investment and financing is analyzed comprehensively and the sources of risks are revealed. Then, evaluation and allocation models of highway projects investment and financing are constructed and series of risk evaluation decision-making technologies of highway projects investment and financing are put forward.
(4) The relationship between investment and financing of highway projects are analyzed quantitatively and the highway compound decision model for highway projects investment and financing is built. Then, the finance lease model of highway projects is designed and the decision-making and pricing mechanism on the financial lease model are both explored deeply.
(5) The basic connotations of the supply and demand side of the highway project funds are defined and the game behavior between them is also analyzed. Then, the macro management mechanism is explored and the individual micro-management mechanism and group micro-management mechanism of highway projects investment and financing are both designed.
(1)全面分析区域经济发展与高速公路系统之间相互制约和协调的关系,积极探索区域经济与高速公路投融资需求之间关系,揭示我国高速公路投融资需求规律,定量分析区域经济对高速公路项目投融资的影响。
(2)设计面向银行的高速公路项目投融资主体信用评估指标,提出高速公路项目投融资主体信用评估原则与方法,合理确定高速公路项目投融资主体的信用等级,有效解决高速公路项目投融资主体信用评估的模糊不确定性问题。
(3)全面分析高速公路项目投融资风险识别问题,揭示高速公路项目投融资风险的源头,并构建高速公路项目投融资风险评价及其分担模型,提出一系列高速公路项目投融资风险评价决策技术。
(4)定量分析高速公路项目投资和融资之间的关系,构建具有高速公路项目投融资组合决策模型,并设计高速公路项目融资租赁模式,深入探索高速公路项目融资租赁决策和定价机制。
(5)界定高速公路项目资金需求方与供给方的基本内涵,深入分析高速公路项目资金供需方博弈行为,探索高速公路项目投融资宏观管理机制,并设计高速公路项目投融资个体微观管理机制和群体微观管理机制。
Highway, an important part and sign of the modernization process, plays a crucial role in our national economic development and the process of social progress. The 12th five-year plan has proposed that highway develop with the principle of moderate forward thinking. As a result, the investment and financing of highway projects should be studied urgently and completely in order to explore new highway project investment and financing channels and change the existing highway projects investment and financing structure and also enrich the theoretical system of investment and financing of highway projects, all of which are of great theoretical and practical significance and will provide guarantee for forming National Comprehensive Transportation System with good convergence of network facilities, advanced and applicable technology and equipment as well as safe and efficient transport services. The essential characteristics and objective laws of highway projects investment and financing are all explored in the paper, and then the paper conducts an in-depth exploration on highway projects investment and financing in the following aspects.
(1) The mutual constraints and coordination relationship between regional economic development and highway system is analyzed comprehensively, and the relationship between the regional economy and highway investment and financing needs is also explored actively. Besides, the requirement laws of highway projects investment and financing are revealed and the impact of regional economy on highway projects investment and financing is analyzed quantitatively.
(2) A credit evaluation index system oriented to the banks of highway projects investment and financing is designed and the basic principle of the system is also put forward to determine the credit rating of the highway project financing body and solve the fuzzy uncertainty problem of the credit evaluation effectively.
(3) The risk identification problem on highway projects investment and financing is analyzed comprehensively and the sources of risks are revealed. Then, evaluation and allocation models of highway projects investment and financing are constructed and series of risk evaluation decision-making technologies of highway projects investment and financing are put forward.
(4) The relationship between investment and financing of highway projects are analyzed quantitatively and the highway compound decision model for highway projects investment and financing is built. Then, the finance lease model of highway projects is designed and the decision-making and pricing mechanism on the financial lease model are both explored deeply.
(5) The basic connotations of the supply and demand side of the highway project funds are defined and the game behavior between them is also analyzed. Then, the macro management mechanism is explored and the individual micro-management mechanism and group micro-management mechanism of highway projects investment and financing are both designed.
引文
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