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Economic Risk Factor Analysis of Urban Rail Transport under PPP—Taking Beijing Metro Line 4 as an- Example

LI Jinghua LI Qiming  
Public Private Partnership is a new financing channel to construct public facilities by using private capi- tal.As quasi-public goods,URT(urban rail transport)has its unique economic attribute and characteristics,as well as strong public interest.How to balance and allocate the interest among government,the private sector and the public becomes the crux of the problem.The analysis of project economic risk factors is favorable study to ensure the investment income.This paper discusses economic risk of URT.Based on the 4th Beijing Metro Line,it then analyzes the economic risk factors in URT under PPP model to achieve"win-win-win"objective.
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