Approach to Issues in Planning and Operation of Railway BOT Projects

• 来源期刊: 中国铁路（英文版）
• 关键词: BOT investment and finaneing railway construction concession
• 年，卷（期）: 2009,（1）
• 页码范围: 51-55
• 页数: 5页
• 语种: 英文

摘要

As an internationally popular mode of public infrastructures' investment,construction and operation,BOT (build-operate-transfer) has been successfully applied in some countries and regions of the world for their infrastructures' construction and playing an important role in promoting the construction of public infrastructures.The Ministry of Railways clearly proposed in its Suggestions for Implementation of Encouraging,Supporting and Guiding Participation of Non-public-owned Economy in Railway Construction and Operation that it was necessary to study and take for reference multiple modes of public infrastructures'investment,construction and operation including BOT.It is more complicated and risky for the process of planning and operation of BOT projects.The paper takes for reference the domestic and foreign experiences in the operation of BOT projects,analyzes the issues that will arise such as risk control in implementing railway BOT projects,employment of professional consultants,financing coordination,tariff making,non-commercial subsidy,as well as operation and management,and puts forward corresponding suggestions for these issues.