Proceedings of the 2024 6th International Conference on Civil Engineering, Environment Resources and Energy Materials (CCESEM 2024)

Research on Financing Risks of PPP+EPC Engineering Projects Based on the Triangular Fuzzy Analytic Hierarchy Process

Authors
Hongwen Zhou1, Wei Zhu1, *
1School of Urban Construction and Safety Engineering, Shanghai University of Applied Technology, Shanghai, China
*Corresponding author. Email: sitzhw@sina.com Email: 1654263592@qq.com
Corresponding Author
Wei Zhu
Available Online 24 December 2024.
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.

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Volume Title
Proceedings of the 2024 6th International Conference on Civil Engineering, Environment Resources and Energy Materials (CCESEM 2024)
Series
Advances in Engineering Research
Publication Date
24 December 2024
ISBN
978-94-6463-606-2
ISSN
2352-5401
DOI
10.2991/978-94-6463-606-2_22How to use a DOI?
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  -