Chapter
Oct 14, 2020
International Conference on Construction and Real Estate Management 2020

Study on Reasonable Investment Income Interval of Sewage Treatment PPP Projects

Publication: ICCREM 2020: Intelligent Construction and Sustainable Buildings

ABSTRACT

Aiming at the problems of social capital in PPP projects, such as many factors affecting investment returns, low level of investment returns, and high investment risk, and this paper takes sewage treatment PPP projects as the research object. Through analyzing the influencing factors of social capital investment return, chooses capital asset pricing theory (CAPM) as the research method, and combines weighted average capital cost method (WACC) to construct a calculation model of reasonable investment income interval of sewage treatment PPP project. What’s more, this paper further utilizes these wage treatment industry economy economic data to measure the reasonable investment income range of PPP projects. The application of this model reduces the risk of project investment and provides a reference for the calculation of reasonable investment return interval of other types of PPP projects.

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REFERENCES

Chen, W.J. (2016). Research on Government Guarantee Level of Infrastructure PPP Project. Hunan University, Hunan, China. (in Chinese).
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Lan, F. (2010). Benchmark Return Rate of Reclaimed Water Industry Based on WACC and Fama-French Three-factor Model. Xi’an University of Architecture and Technology, Shanxi, China. (in Chinese).
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Wang, H.Q., Li, H. and Cheng, M. (2015). “Pricing research on PPP project of public infrastructure-application of pricing model based on sewage treatment project.” Price Theory and Practice, (11), 141-143. (in Chinese).
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Information & Authors

Information

Published In

Go to ICCREM 2020
ICCREM 2020: Intelligent Construction and Sustainable Buildings
Pages: 513 - 521
Editors: Yaowu Wang, Ph.D., Harbin Institute of Technology, Thomas Olofsson, Ph.D., Luleå University of Technology, and Geoffrey Q. P. Shen, Ph.D., Hong Kong Polytechnic University
ISBN (Online): 978-0-7844-8323-7

History

Published online: Oct 14, 2020
Published in print: Oct 14, 2020

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Authors

Affiliations

Postgraduate, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China (corresponding author). E-mail: [email protected]
Professor, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China. E-mail: [email protected]
Ph.D. Candidate, School of Civil Engineering and Architecture, Wuhan Univ. of Technology, Wuhan, China. E-mail: [email protected]

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