Title :
Notice of Retraction
Research on the difference between BT mode and other´ finance modes
Author :
Gao Hua ; Zhang Yi-yuan
Author_Institution :
Manage. Sch., Tianjin Univ. of Technol., Tianjin, China
Abstract :
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
To a certain extent, BT mode relieve financial constraint dilemma of government infrastructure construction, which is continuously applied to Chinese municipal infrastructure project in recent year. However theory research related to the BT mode lags behind practical application comparably .This paper researches the difference between BT mode and others´ finance mode in close connection with BT mode. Several project financing modes that have close relation to the BT mode, consisting of BOT mode, TOT mode, ABS mode, chiefly analyzed from franchise financing risk financing scope, project cost, and payback and so on of the perspectives in the paper. Additionally, to the distinction between the BT mode and loan contract mode, it primarily differentiates from legality, subject status and project investment risk and so on of respects.
Keywords :
financial management; risk management; Chinese municipal infrastructure project; build-transfer mode; finance modes; franchise financing; government infrastructure construction; loan contract mode; project investment risk; risk financing; Investments; ABS mode; BOT mode; BT mode; TOT mode;
Conference_Titel :
Advanced Management Science (ICAMS), 2010 IEEE International Conference on
Conference_Location :
Chengdu
Print_ISBN :
978-1-4244-6931-4
DOI :
10.1109/ICAMS.2010.5552913