Study on Risk Assessment of Highway PPP Project

Abstract

In recent years, PPP (Public-Private-Partnership) mode has been more and more applied in China's highway construction for financing, but because of its characteristics, the mode has a lot of risks in the process of implementing. This paper established a risk evaluation indexes system of highway PPP project, combined qualitative and quantitative methods legitimately and estimated the risk of Hunan Litan expressway project by using multilevel grey evaluation method, the result proved to be scientific and reliable, so it provide an effective solution for Expressway PPP project risk assessment.