Abstract
In this article, we list and compare specific investment and financing modes in the domain of public infrastructure, put forward main factors which influence the mode selection, establish the index system for the mode selection, and finally bring the method of fuzzy comprehensive evaluation into the specific mode selection under the concept of PPP (Public Private Partnerships) to strive for the quantification of the qualitative analysis.
Highlights
In this article, we list and compare specific investment and financing modes in the domain of public infrastructure, put forward main factors which influence the mode selection, establish the index system for the mode selection, and bring the method of fuzzy comprehensive evaluation into the specific mode selection under the concept of PPP (Public Private Partnerships) to strive for the quantification of the qualitative analysis
For the specific investment and financing mode, according to the degree that two cooperators participate in the project, the time of the cooperative term, and the ownership of the project, we can divide the mode into three types including the outsourcing type, the franchise type and the privatization type
The project of the outsourcing type is invested by the public departments, and the private departments contract one function or several functions in the whole project, or take on the construction task of the infrastructure according to the agreement
Summary
Through many years’ practice and theoretic developments, PPP produces many specific modes, and some modes produce some aberrance forms. For the specific investment and financing mode, according to the degree that two cooperators participate in the project, the time of the cooperative term, and the ownership of the project, we can divide the mode into three types including the outsourcing type, the franchise type and the privatization type. In the project of the outsourcing type, the degree that the private department participates in the project is limited, so they take on few tasks, and the cooperative term is relative short. The evaluation is smaller and smaller, which shows the public degree decreases and the private degree increases, and the table lists 11 representative specific modes including familiar LBO, BTO, BOT and BBO. The application of the fuzzy comprehensive evaluation method in the PPP investment and financing mode selection
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