DocumentCode :
1895854
Title :
Study on Non-State-owned Capital´s Involvement in Expressway
Author :
Genyan, Lü ; Jianping, Wang ; Qizhi, Wu
Author_Institution :
YunNan Univ., Kunming
fYear :
2006
fDate :
21-23 June 2006
Firstpage :
175
Lastpage :
180
Abstract :
China´s expressway course achieved stunning success in the past years. China has already established its National Trunk Highway System. At present, the expressway funds sources consist of national finance, funds through capital market and foreign investment. However, bank loans and national finance remain the main capital source. With government investment is less and less involved in infrastructure projects, there will be a huge capital gap in expressway construction. It is certain that non-state-owned capital will be a fresh source. From both project level and company level, this paper studied seven financing models that non-state-owned capital is using to get into expressway area; then analyzed the adaptiveness of these models in China; finally recognized the obstacles for non-state-owned capital to join in expressway construction and put up with feasible solutions
Keywords :
investment; public finance; road building; socio-economic effects; China expressway construction; National Trunk Highway System; bank loans; capital market funds; foreign investment; infrastructure projects; national finance; nonstate-owned capital involvement; Business communication; Finance; Investments; Local government; Partial response channels; Road transportation; Shape; Traffic control; Expressway; Financing Model; Investment and Finance System; Non-State-Owned Capital;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Service Operations and Logistics, and Informatics, 2006. SOLI '06. IEEE International Conference on
Conference_Location :
Shanghai
Print_ISBN :
1-4244-0317-0
Electronic_ISBN :
1-4244-0318-9
Type :
conf
DOI :
10.1109/SOLI.2006.329058
Filename :
4125573
Link To Document :
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