地铁项目PPP模式投资回报机制研究——以青岛地铁一号线项目为例  

Research on PPP Model Return Mechanism of Metro Project:Taking Qingdao Metro Line 1 Project as an Example

作　　者：崔晓艳[1] 张蛟 杨凯旋 CUI Xiaoyan;ZHANG Jiao;YANG Kaixuan(Qingdao Huanghai College,Qingdao 266427,China;Qingdao Metro Group Co.,Ltd,Qingdao 266000,China)

机构地区：[1]青岛黄海学院,山东青岛266427 [2]青岛地铁集团有限公司,山东青岛266000

出　　处：《建筑经济》2020年第10期78-82,共5页Construction Economy

基　　金：2019年度山东省社会科学规划研究项目“山东省大型地铁隧道项目PPP融资模式与投资回报机制研究”(19CPYJ06)。

摘　　要：以PPP项目的回报机制为切入点,以青岛地铁一号线项目实行的“可行性缺口补助”回报机制为例,首先分析项目的投资结构、特许经营期、社会资本回报率。其次对运营期内取得的收入、成本费用和可行性缺口补助进行测算。最后针对一号线项目的投资回报机制提出建议,包括制定动态的调价机制和客流机制、确定合理的社会资本回报率、各参与方应严格遵守合同条款、建立完善的监管体系、建立科学的绩效评价体系及预先做好财政预算资金规划等。Taking the return mechanism of PPP project as the breakthrough point,this paper takes the“feasibility gap subsidy”return mechanism of Qingdao Metro Line 1 project as the specific research object.Firstly,analyzes project investment structure,franchise period and social capital return rate.Then,calculates the income,cost and the feasibility gap subsidy of the project,and puts forward some suggestions for the return mechanism of Qingdao Metro Line 1 project,such as to formulate dynamic price adjustment mechanism and passenger flow mechanism,determine a reasonable rate of return on social capital,all participants should strictly abide by the contract terms,establish perfect supervision system and a scientific performance evaluation system,make budget and fund planning in advance.

关 键 词：PPP模式 回报机制 可行性缺口补助 地铁项目 

分 类 号：F407.9[经济管理—产业经济]