Status Quo and Analysis of Risk Management Based on the PPP Project of Coastal Construction Enterprises

Shan, S., 2019. Status quo and analysis of risk management based on the PPP project of coastal construction enterprises. In: Li, L.; Wan, X., and Huang, X. (eds.), Recent Developments in Practices and Research on Coastal Regions: Transportation, Environment and Economy. Journal of Coastal Research, Special Issue No. 98, pp. 263–266. Coconut Creek (Florida), ISSN 0749-0208.Over the past 30 years of reform and opening up, China's economy has achieved rapid growth, which has attracted worldwide attention and has developed a comprehensive well-off society. To maintain this speed of development, the government must strengthen the construction of coastal construction urban infrastructure, such as electricity, roads, and water supply, to adapt to the needs of social development and eliminate the bottleneck that constrains economic development, which requires a large investment of funds. However, China's domestic funds are insufficient. The traditional methods of attracting investment and existing financial institutions and financing channels cannot fully meet the capital needs of China's economic development and require more financing channels. At the same time, like most developing countries, China has the problems of inefficient departments and poor infrastructure management. As an emerging project financing method, public–private partnership was born in the 1980s. Because it can effectively alleviate the shortage of infrastructure construction funds for coastal construction enterprises, it can also promote the efficiency of state-owned departments.