DocumentCode
2421864
Title
Infrastructure Securitization in China
Author
Feng, Xu ; Long, Zhao
Author_Institution
Res. Center of Financial Eng., South China Univ. of Technol., Guangzhou, China
fYear
2010
fDate
7-9 May 2010
Firstpage
2863
Lastpage
2866
Abstract
Infrastructure in China is generally financed by government debt and bank loans, which endangers the financial system of the nation. This paper proposed asset-backed securitization as an instrument to solve the problem of financing infrastructure. This paper analyzed the principle of infrastructure securitization and studied the implementation details of the infrastructure securitization through the case study of securitization of Guangzhou Metro. It is concluded that the infrastructure securitization can be an effective instrument to finance infrastructure project in China.
Keywords
financial management; China; Guangzhou Metro securitization; asset-backed securitization; bank loans; finance infrastructure project; financial system; government debt; infrastructure securitization; Cities and towns; Companies; Construction industry; Government; Instruments; Investments; Security; Asset-Backed Securitization; Guangzhou Metro; financing; infrastructure;
fLanguage
English
Publisher
ieee
Conference_Titel
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-0-7695-3997-3
Type
conf
DOI
10.1109/ICEE.2010.723
Filename
5591938
Link To Document