Decision-Making on the Partners’ Investment Ratio and Concession Term of PPP Highway Project
Liu Guang-ping
Chen Li-wen
Pan Hui
Zhao Wen-zhong
Abstract:The problem of determining the public-private investment ratio of public-private partnership ( PPP) highway and the concession term of private investor is discussed in this paper .By comparing PPP highway project traffic saturation stage with the concession term , two models of decision-making on the in-vestment ratio of government and private investors and the concession term are built .With the models, the optimal investment ratio and concession term are obtained , and the maximal social benefit of government departments and benefit of private investor are achieved .At last , an example is used to validate the effec-tiveness of the decision-making model .
Keywords:PPP projecthighwayinvestment ratioconcession term
Publication Date:2014-01-01
Online Publishing Date:2025-08-15(First online date of this platform, not the publication date of the document)
Pages:5( 42-46 )
