On the Public Private Partnership Financing Strategies of Urban Rail Transit

Abstract

Introduction and innovation of PPP mode can attract more private capital to involve urban rail transit construction and enhance overall operating efficiency of URT. Based on analyzing the characters of URT PPP, through summarizing the PPP categories in application, this paper classifies the URT PPP practical approaches into four broad strategies, and provides a framework and some suggestions for assessing and managing risks associated with various URT PPP strategies.