Chapter
Sep 25, 2015
PFI Risk Management Research
Authors: Wei Huang [email protected], Junyan Jin [email protected], and Shoujian Zhang [email protected]Author Affiliations
Publication: ICCREM 2015
Abstract
Being different from traditional means for the finance in public projects, PFI cooperates with the government procuring from private finance to provide resources to the project in the public sectors. In the United Kingdom, PFI is widely used in many governments’ public projects. This article describes the current situation of PFI in China and the necessity of introducing PFI to China. It also includes the connotation of PFI and the different types of PFI. Then it describes eight kinds of risks that PFI will go through in China. Depend on PFI projects’ risk sharing principles and mechanisms, The PFI project risk management measures are proposed to promote PFI develop in China.
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Published In
ICCREM 2015
Pages: 749 - 757
Copyright
© 2015 American Society of Civil Engineers.
History
Published online: Sep 25, 2015
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Affiliations
Undergraduate, Department of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China. E-mail: [email protected]
Postgraduate, Department of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China. E-mail: [email protected]
Professor, Department of Construction and Real Estate, Harbin Institute of Technology, Harbin 150001, China. E-mail: [email protected]
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