城市基础设施更新项目投融资模式研究

Research on the Investment and Financing Mode of Urban Infrastructure Renewal Projects

首先介绍城市基础设施更新的支持性政策及实施路径;再梳理对比城市更新的五类投融资模式,包括地方政府直接投资、发行城市更新专项债、授权国企进行投资、采用“投资人+EPC”模式投资、政府和社会资本合作模式投资;最终深入研究其内在的共性并评析各自优缺点,旨在为未来同类型的城市更新项目提供参考建议。

This paper first introduces the supportive policies and implementation paths of urban infrastructure renewal projects,and then compares five types of financing modes for urban renewal project,including direct investment by local governments,issuance of special treasury bonds,authorized investment of state-owned enterprises,and“Investors+EPC”mode,Public-Private Partnership mode.Finally,deeply studies their inherent commonalities and evaluates their respective advantages and disadvantages,aiming to provide reference suggestions for future urban renewal projects of the same type.