An Analysis of Infrastructure Projects Financing Methods
OU Xi-xian, LUO Xun(Beijing Institute of Technology, Beijing 100081)
A lack of capital is the cause of long term insufficient investment in infrastructure construction in China, and to bring project financing into full play is a key step for attracting foreign capital in infrastructure construction. BOT, TOT, ABS and PPP are four different ways of international financing, and they serve different purposes in infrastructure project financing, and should be differentiated in each specific situation. This article compares these four project financing methods and discusses their applicability in China.