Scipediacontent: Scipediacontent moved page Draft Content 221956513 to Han Hu 2018a

2021-02-12T13:53:09Z

Scipediacontent moved page Draft Content 221956513 to Han Hu 2018a

Scipediacontent: Created page with " == Abstract == The application of Public-Private Partnership (PPP) mode in transportation infrastructure construction has achieved more progress worldwide; now this mode has..."

2021-02-12T13:53:06Z

Created page with " == Abstract == The application of Public-Private Partnership (PPP) mode in transportation infrastructure construction has achieved more progress worldwide; now this mode has..."

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== Abstract ==

The application of Public-Private Partnership (PPP) mode in transportation infrastructure construction has achieved more progress worldwide; now this mode has been adopted in highway projects of China from 2015. In the application of PPP mode, there are three main facts in China, which include whether the government is responsible for land acquisition and resettlement (LAR), the discount rate changes, and the replacement of business tax by value-added tax (VAT) in 2016. So this paper discusses Value for Money (VFM) quantitative assessment of highway projects under PPP mode in China, which considers currently three actual issues in China. A case study of Heda freeway in China has shown that <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML" id="M1"><mml:mo stretchy="false">(</mml:mo><mml:mn fontstyle="italic">1</mml:mn><mml:mo stretchy="false">)</mml:mo></mml:math> the government’s responsibility for LAR compensation may attract social capital investor and reduce the risk of social instability, <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML" id="M2"><mml:mo stretchy="false">(</mml:mo><mml:mn fontstyle="italic">2</mml:mn><mml:mo stretchy="false">)</mml:mo></mml:math> a reasonable range of a low discount rate can greatly reduce government expenditure, and <mml:math xmlns:mml="http://www.w3.org/1998/Math/MathML" id="M3"><mml:mo stretchy="false">(</mml:mo><mml:mn fontstyle="italic">3</mml:mn><mml:mo stretchy="false">)</mml:mo></mml:math> the replacement of business tax by VAT will increase the highway project company’s burden. The research results will be helpful for value of money assessment of highway projects under PPP mode in China and may offer the reference for other countries’ highway projects under PPP mode.

Document type: Article

== Full document ==
<pdf>Media:Draft_Content_221956513-beopen432-9486-document.pdf</pdf>

== Original document ==

The different versions of the original document can be found in:

* [http://downloads.hindawi.com/journals/jat/2018/1802671.pdf http://downloads.hindawi.com/journals/jat/2018/1802671.pdf] under the license https://creativecommons.org/licenses/by

* [http://dx.doi.org/10.1155/2018/1802671 http://dx.doi.org/10.1155/2018/1802671] under the license cc-by

* [http://downloads.hindawi.com/journals/jat/2018/1802671.pdf http://downloads.hindawi.com/journals/jat/2018/1802671.pdf],
: [http://downloads.hindawi.com/journals/jat/2018/1802671.xml http://downloads.hindawi.com/journals/jat/2018/1802671.xml],
: [http://dx.doi.org/10.1155/2018/1802671 http://dx.doi.org/10.1155/2018/1802671] under the license http://creativecommons.org/licenses/by/4.0

* [http://dx.doi.org/10.1155/2018/1802671 http://dx.doi.org/10.1155/2018/1802671],
: [https://doaj.org/toc/0197-6729 https://doaj.org/toc/0197-6729],
: [https://doaj.org/toc/2042-3195 https://doaj.org/toc/2042-3195] under the license http://creativecommons.org/licenses/by/4.0/

* [https://www.hindawi.com/journals/jat/2018/1802671 https://www.hindawi.com/journals/jat/2018/1802671],
: [http://downloads.hindawi.com/journals/jat/2018/1802671.pdf http://downloads.hindawi.com/journals/jat/2018/1802671.pdf],
: [https://academic.microsoft.com/#/detail/2886070890 https://academic.microsoft.com/#/detail/2886070890]

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Han Hu 2018a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 221956513 to Han Hu 2018a

Scipediacontent: Created page with " == Abstract == The application of Public-Private Partnership (PPP) mode in transportation infrastructure construction has achieved more progress worldwide; now this mode has..."