Research on Financing Risks of PPP+EPC Engineering Projects Based on the Triangular Fuzzy Analytic Hierarchy Process
- DOI
- 10.2991/978-94-6463-606-2_22How to use a DOI?
- Keywords
- PPP+EPC; Civil engineering; Engineering risks; Financing influencing factors; TFAHP
- Abstract
Highway engineering projects face a complex financing risk environment due to their large construction scale, long financing cycle, and numerous influencing factors. This article takes PPP+EPC mode engineering projects as the research object, based on grounded theory and literature analysis method, a financing risk influencing factor index system is constructed. The large-scale civil engineering project of Hangzhou Quzhou Railway in PPP+EPC mode is selected as a practical case. The financing risk of the project is analyzed and evaluated through the triangular fuzzy analytic hierarchy process, and the key financing risk factors of the project are clarified. The research conclusion shows that the most significant risk factors affecting the financing of engineering projects under the PPP+EPC model are financing sources and financing costs, followed by credit ratings of financial institutions and social capital, government supervision and regulatory capabilities of the project, and the ability to bear risks, providing reference for the development of PPP+EPC engineering projects.
- Copyright
- © 2024 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Hongwen Zhou AU - Wei Zhu PY - 2024 DA - 2024/12/24 TI - Research on Financing Risks of PPP+EPC Engineering Projects Based on the Triangular Fuzzy Analytic Hierarchy Process BT - Proceedings of the 2024 6th International Conference on Civil Engineering, Environment Resources and Energy Materials (CCESEM 2024) PB - Atlantis Press SP - 186 EP - 194 SN - 2352-5401 UR - https://doi.org/10.2991/978-94-6463-606-2_22 DO - 10.2991/978-94-6463-606-2_22 ID - Zhou2024 ER -