On Financing for Port Projects by Asset-Backed Securitization in China
by Shao Ruiqing, Ph.D., (Professor and Vice President of Shanghai Lixin University of Commerce. Research fields: Investment, Financing and Accounting in Transportation Industry, Shanghai Lixin University of Commerce, Shanghai 201620, China; E-mail: rqshao@shmtu.edu.cn)
pp. 382-388, (doi: http://dx.doi.org/10.1061/40961(319)63)
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| Document type: |
Conference Proceeding Paper |
| Part of: |
Transportation and Development Innovative Best Practices 2008 |
| Abstract: |
Based on the fact that the speed of growth of the port capacity lags behind that of economic growth in China because of the shortage of investment in port facilities, the author deems that financing for port projects by asset-backed securitization (ABS) is a practical way to promote the investment. With the operation features of ABS taken into consideration and an analysis of the properties of port project in China made, a tentative design has been presented of the feasible modes of the financing for port projects by ABS in this paper. |
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