Abstract
PPP mode as the government and the community to provide new capital cooperation mode of public goods and public services, attracted widespread attention in recent years. The theory and practice of asset securitization can revitalize the stock of assets, improve PPP flow of project assets, innovation PPP refinancing and social capital exit channels, an effective solution to PPP financing difficulties faced stimulates investment enthusiasm, both natural fits of the long term asset securitization are PPP inevitable development of the project trend. Taking the first four PPP project asset support special plans in 2017 as an example, this paper analyzes the “PPP + ABS” innovative public utility project financing mode from the aspects of necessity and value, basic assets, transaction structure design, credit enhancement, etc., points out the existing problems in the current PPP project asset securitization financing. This innovative public utility project financing noted the current PPP securitization financing problems in project assets, raised about how to use the asset securitization financing tool to help PPP policy recommendations to promote the safe and orderly project.
Highlights
PPP (Public-Private Partnership), a partnership between government and social capital, known as the PPP model, refers to long-term partnerships in infrastructure and public services
Through the above analysis of the basic elements of the special plan, we can find that the four-single asset support special plans have the following characteristics: The basic assets are mainly income-based assets
The core of the PPP project is public-private partnership, based on the franchise agreement signed by the government and the social capital
Summary
PPP (Public-Private Partnership), a partnership between government and social capital, known as the PPP model, refers to long-term partnerships in infrastructure and public services. The most important feature of the public-private partnership model is the introduction of the private sector into the public domain, thereby improving the efficiency of public facilities services and avoiding the drawbacks of excessive investment, delays in construction, and poor quality of service. “PPP + ABS” for the government to inject capital in cooperation with the community new life, as the first batch of government and social capital cooperation projects successful securitization of financing for future PPP provides an important reference project for sustainable development of asset securitization
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
