大型体育场馆工程项目LCP融资模式研究

Study on the LCP Financial Model in Large-scale Sports Venue Construction Projects

大型体育场馆项目往往存在投资额巨大,融资模式单一,且建设和运营相脱节的现象。为了保证项目在全寿命期内的成功,设计了大型体育场馆工程项目的LCP融资模式。LCP模式不但将经营方引入项目的全生命周期,而且还设计了与该模型相匹配的风险分担、利益共享和信任机制,以保证公共利益和商业利益的实现。

Large-scale sports venue construction projects are usually marked by huge investment requirements, lack of diversified financing channel and heavy reliance on a certain few investment sources, and the disengagement of construnction with operation. The paper designs a life-circle partnership CLCP） financing model to deal with these insufficiencies, which is based on the operator-participated project financing model, aiming at the integration of the decision-making and operation pha.phases of the projects. It is argued that the LCP model not only brings the operating party into the different stages of the life circle of the projects, but can also provide matching risk distribution, profiting sharing, and trust mechanism to guarantee the realization of both public and commercial interests.