基于PPP模式的BOT项目财务风险分析及防范

Analysis and Prevention of Financial Risk in BOT Project Based on PPP Mode

随着我国基础设施建设进程的加快,积极利用外资和社会资金,多元化融资已成为基础设施建设的主要特征。BOT作为PPP融资模式之一,已逐步成为基础设施融资的重要模式。首先针对BOT工程项目存在的财务风险进行了分析。其次探讨了这些风险的控制对策,包括筹资风险控制、投资风险控制、资金回收风险控制、成本超支风险控制。最后提出了控制这些风险的保障措施,包括提高风险意识、建立防范系统、加强资金管理、推行全面管理。

With the fast process of infrastructure construction in China, actively using foreign capital and social capital and diversified financing has become one of the main features of the construction of infrastructure. As one of the PPP financing mode, BOT has gradually become an important mode of infrastructure financing. First, the financial risks existing in BOT projects are analysed. Then, the control countermeasures of these risks （ controlling financing risk, investment risk, capital recovery risk, and cost overrun risk ） are discussed. At last, the guarantee measures （enhancing risk awareness, establishing preventive system, strengthening financial management, implementing comprehensive management ） for controlling these risks are discussed.