铁路建设引入项目融资的研究

Analysis of the Railroad Construction Projects Financing

项目融资可缓解铁路跨越式发展过程中建设资金的缺口,有利于铁路建设项目吸收民间资金,有利于促进铁路真正企业化的进程。铁路建设投资体制的不断改革和国家鼓励对基础设施进行投资,为项目融资提供了一个可行的政策环境;铁路建设项目类别差异为项目融资提供了施展舞台。此文分析了需要与可能外,还指出铁路项目融资的生产风险、市场风险和金融风险。

The construction funds gap during the leap-forward development can be eased by the means of projects financing, which is favorable to absorb the private capital and to furtherance the railway process industrially. The continuous system reform of the railway constructive investment and the national encouragement to the infrastructure investment provide a feasible political environment. The variety of the railroad constructive projects supplies a platform for the project funding. This article analyzes the needs and the possibilities and points out the production risk, the market risk and the financial risk of the railroad projects financing.