The Applied Research of PFI Model in the Public Projects of Binhai New Area
The economic development of Binhai New Area has posed high demands on the construction and operating efficiency of public projects. Private-Finance Initiative (PFI) is a construction and financing model which can alleviate the government s financial burden and improve the supply and efficiency of public projects. The key to the success of the application of PFI model in public projects lies in the proper exercise of government functions, market competition, clear payment and incentive mechanisms, and a sound risk-sharing mechanism. The correct exertion of government functions, the establishment of professional bodies to speed up relevant legislation, and the advocacy of credibility in both public and private sectors are needed for the employment of PFI model in the construction of public projects in Binhai New Area
Private Finance Initiative Binhai New Area Public Projects
Wang Xiuqin Yang Yanyun Cheng Bingxin
School of Management, Tianjin University, Tianjin P.R.China, 300072
国际会议
天津
英文
2007-10-20(万方平台首次上网日期,不代表论文的发表时间)