民营资本在PPP模式下的交通类基础设施项目投资优先级评价研究
发布时间：2019-03-22 18:24
【摘要】：随着经济的发展,国家对交通类基础设施需求非常巨大,但是在加快交通类基础设施建设进程中政府有限的财务力量显得心有余而力不足,而民营资本又非常希望将手中多余的资金投资到基础设施项目的建设中,以期获得更大的效益。在这样的大背景下,民营资本对交通类基础设施项目进行投资建设就显得很有必要。目前,进行交通类基础设施项目建设融资的方式非常多,但就政府公共部门与私人部门之间的融资而言,非常适合PPP(public-private partnership,公私合作伙伴关系)融资模式的应用。PPP模式下投资建设交通类基础设施项目的投资数额巨大、投资回收期长、不确定指标多、投资风险大、易受国家政策影响等问题,民营投资者在投资之前必须对潜在投资项目进行详细的投资评价,以保证资源的合理分配,实现投资回报最大化。所以,如何在投资建设前科学合理的评价一个PPP模式下投资建设的交通类基础设施项目成为一个迫切需要解决的问题,而解决这个问题的一个有效的方法就是对潜在投资的交通类基础设施项目进行优先级评价,确定出各项目的优先级顺序,然后根据评价结果并结合自身实力及企业实际资源情况进行项目资源最优化配置。本文就民营资本在PPP模式下的交通类基础设施项目投资优先级评价进行相关的研究,从而提供一个科学的评价决策方法,为相关投资决策人员的管理决策提供一定的参考。本文主要从以下几个方面展开工作:首先简要介绍民营资本投资交通基础设施建设的背景以及国内外学者的相关研究。其次总结PPP融资模式的诞生、内涵以及基本结构和特点,对民营资本、交通类基础设施进行概念上的界定和特征分析,并且分析PPP模式应用于民营资本投资交通类基础设施的现实条件。第三,查阅大量相关参考文献,收集相关的评价指标,通过询问领域内的专家及学者对收集的指标进行整理与修改,从而建立一个科学合理的民营资本在PPP模式下的交通类基础设施项目投资优先级综合评价指标体系。此外,利用IAFAD(改进层次分析法、模糊综合评价法、精确值法、数据包络分析法)集成综合评价模型进行优先级计算。最后,本文理论联系实际,对几个潜在的投资项目进行实证分析,由此说明本文的研究可行性以及方法的现实意义,并且为民营资本在PPP模式下的交通类基础设施项目投资提供了实施决策参考。
[Abstract]:With the development of economy, the national demand for transportation infrastructure is very great, but in the process of speeding up the construction of transportation infrastructure, the limited financial strength of the government appears to be insufficient. The private capital also hopes to invest the surplus capital in the construction of infrastructure projects in order to obtain more benefits. Under this background, it is necessary for private capital to invest in transportation infrastructure projects. At present, there are many ways to finance the construction of transport infrastructure projects, but in terms of financing between the public and private sectors of the government, it is very suitable for PPP (public-private partnership,). The application of public-private partnership) financing model. Under PPP model, the investment amount of investment in transportation infrastructure projects is huge, the payback period of investment is long, there are many uncertain indicators, the investment risk is big, and the investment is vulnerable to the influence of state policy, and so on. Private investors must evaluate the potential investment projects in detail before investing in order to ensure the rational distribution of resources and maximize the return on investment. Therefore, how to scientifically and reasonably evaluate the transportation infrastructure projects under the PPP mode before investment becomes an urgent problem to be solved. One of the effective ways to solve this problem is to evaluate the priority of transportation infrastructure projects with potential investment and determine the priority order of each project. Then the optimal allocation of project resources is carried out according to the evaluation results and combined with its own strength and the actual resources of the enterprise. This paper studies the investment priority evaluation of private capital in transportation infrastructure projects under the PPP mode, so as to provide a scientific evaluation and decision-making method, and provide a certain reference for the relevant investment decision-makers' management decision-making. This paper focuses on the following aspects: firstly, this paper briefly introduces the background of private capital investment in transportation infrastructure construction and the related research of domestic and foreign scholars. Secondly, it summarizes the birth, connotation, basic structure and characteristics of PPP financing mode, and analyzes the concept and characteristics of private capital and transportation infrastructure. And analyzes the PPP model applied to the private capital investment transportation infrastructure realistic conditions. Third, consult a large number of relevant references, collect relevant evaluation indicators, collate and revise the collected indicators by asking experts and scholars in the field. In order to establish a scientific and reasonable private capital under the PPP mode transportation infrastructure projects investment priority comprehensive evaluation index system. In addition, the IAFAD (improved Analytic hierarchy process, Fuzzy Comprehensive Evaluation, Precision method, data Envelopment Analysis) integrated comprehensive evaluation model is used to calculate the priority. Finally, combining theory with practice, this paper makes an empirical analysis of several potential investment projects, which shows the feasibility of this study and the practical significance of the method. It also provides the decision-making reference for the investment of private capital in transportation infrastructure projects under the PPP mode.
【学位授予单位】：重庆交通大学
【学位级别】：硕士
【学位授予年份】：2016
【分类号】：F283
本文编号：2445815
[Abstract]:With the development of economy, the national demand for transportation infrastructure is very great, but in the process of speeding up the construction of transportation infrastructure, the limited financial strength of the government appears to be insufficient. The private capital also hopes to invest the surplus capital in the construction of infrastructure projects in order to obtain more benefits. Under this background, it is necessary for private capital to invest in transportation infrastructure projects. At present, there are many ways to finance the construction of transport infrastructure projects, but in terms of financing between the public and private sectors of the government, it is very suitable for PPP (public-private partnership,). The application of public-private partnership) financing model. Under PPP model, the investment amount of investment in transportation infrastructure projects is huge, the payback period of investment is long, there are many uncertain indicators, the investment risk is big, and the investment is vulnerable to the influence of state policy, and so on. Private investors must evaluate the potential investment projects in detail before investing in order to ensure the rational distribution of resources and maximize the return on investment. Therefore, how to scientifically and reasonably evaluate the transportation infrastructure projects under the PPP mode before investment becomes an urgent problem to be solved. One of the effective ways to solve this problem is to evaluate the priority of transportation infrastructure projects with potential investment and determine the priority order of each project. Then the optimal allocation of project resources is carried out according to the evaluation results and combined with its own strength and the actual resources of the enterprise. This paper studies the investment priority evaluation of private capital in transportation infrastructure projects under the PPP mode, so as to provide a scientific evaluation and decision-making method, and provide a certain reference for the relevant investment decision-makers' management decision-making. This paper focuses on the following aspects: firstly, this paper briefly introduces the background of private capital investment in transportation infrastructure construction and the related research of domestic and foreign scholars. Secondly, it summarizes the birth, connotation, basic structure and characteristics of PPP financing mode, and analyzes the concept and characteristics of private capital and transportation infrastructure. And analyzes the PPP model applied to the private capital investment transportation infrastructure realistic conditions. Third, consult a large number of relevant references, collect relevant evaluation indicators, collate and revise the collected indicators by asking experts and scholars in the field. In order to establish a scientific and reasonable private capital under the PPP mode transportation infrastructure projects investment priority comprehensive evaluation index system. In addition, the IAFAD (improved Analytic hierarchy process, Fuzzy Comprehensive Evaluation, Precision method, data Envelopment Analysis) integrated comprehensive evaluation model is used to calculate the priority. Finally, combining theory with practice, this paper makes an empirical analysis of several potential investment projects, which shows the feasibility of this study and the practical significance of the method. It also provides the decision-making reference for the investment of private capital in transportation infrastructure projects under the PPP mode.
【学位授予单位】：重庆交通大学
【学位级别】：硕士
【学位授予年份】：2016
【分类号】：F283
【参考文献】
相关期刊论文 前6条
1 Qian-Qian Song;Qing-Zhe Jiang;Zhao-Zheng Song;;Optimization of CO_2 separation technologies for Chinese refineries based on a fuzzy comprehensive evaluation model[J];Petroleum Science;2015年01期
2 Srinivasu Gangi Setti;R.N.Rao;;Artificial neural network approach for prediction of stress strain curve of near b titanium alloy[J];Rare Metals;2014年03期
3 Peng Wang;Peng Meng;Baowei Song;;Response surface method using grey relational analysis for decision making in weapon system selection[J];Journal of Systems Engineering and Electronics;2014年02期
4 安宇宏;;PPP模式[J];宏观经济管理;2014年04期
5 段若晨;王丰华;顾承昱;满玉岩;傅正财;刘亚东;;采用改进层次分析法综合评估 500 kV 输电线路防雷改造效果[J];高电压技术;2014年01期
6 李小勇;;民营资本在基础设施项目领域的投融资浅析[J];物流工程与管理;2014年01期
，本文编号：2445815
本文链接：https://www.wllwen.com/jingjilunwen/hongguanjingjilunwen/2445815.html
