Equitable Financial Evaluation Method for Public-Private Partnership Projects

被引：13
|
作者：
柯永建 [1 ]
刘新平 [2 ]
王守清 [1 ]
机构：
[1] Department of Construction Management,Tsinghua University
[2] China Development Bank Zhejiang Branch
来源：
Tsinghua Science and Technology | 2008年 / 05期
基金：
中国国家自然科学基金;
关键词：
financial evaluation; risk analysis; public-private partnership (PPP);
D O I：
暂无
中图分类号：
F275 [企业财务管理];
学科分类号：
1202 ; 120202 ;
摘要：
The feasibility study of a public-private partnership (PPP) project is regarded as one of the critical factors for successful implementation, but unfortunately the common financial evaluation methods currently used only represent the benefits of the private sector. There is, therefore, an urgent need to develop an eq-uitable financial evaluation method for PPP projects. This paper presents a comprehensive literature review that examines international practices. An equitable financial evaluation method was then developed taking into account the inherent characteristics of PPP projects using six separate indicators and Monte Carlo simulations. The result for a bridge project in Romania shows that the method combines the viewpoints of all the relevant stakeholders to achieve an equitable financial evaluation of PPP projects.
引用
收藏
页码：702 / 707
页数：6
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