Research on the Application of PPP + EPC Mode in Financing of Intercity Railway Projects

Abstract

Through the analysis of the current situation of intercity railway project financing, this paper concludes that the demand of funds for intercity railway construction is huge, and it is still mainly debt financing, which leads to the huge financial pressure of local government. In order to alleviate the financial pressure and realize the real equity financing of intercity railway projects, this paper proposes to use "PPP + EPC"mode to finance. On the one hand, this mode can optimize the whole process management of the project; on the other hand, it can optimize the risk management and control in the project cooperation period, meet the risk return requirements of stakeholders, and promote the sustainable development of intercity railway projects.