Ningbo Qiaopu project financing

The typical form of BOT project financing that build - operate - transfer; TOT that transfer - operate - transfer; ABS through SPC to improve credit rating, Ningbo Qiaopu into the international high-grade bond market; FIGP that lending - investment - recycling - also principal and interest.
Project financing is a franchise transfer and balance sheet liabilities for the feature. Project financing is a large-scale infrastructure (roads, bridges, docks, large estate property development, hotels, large buildings, utilities, telecommunication, etc.) International usual mode of financing.
a, Ningbo Qiaopu franchise: general for the state monopoly, but special permission business in a certain period of time with this franchise; in practice, the enterprise has the power to evolve certain exclusive rights, companies can use this interest sell, lease, transfer, co-operation.
b, Ningbo Qiaopu balance sheet liabilities: traditional financing is the project sponsor's own credit-based financing of the main sponsors for the project, liabilities into the balance sheet of the project sponsor, project financing is based on the project itself as a financing body, liabilities do not enter the project sponsor. Traditional financing of the project sponsors to bear the full responsibility for repayment, the creditor because they have unlimited recourse; project finance repayment guarantee from the project's operating conditions, creditors have only limited recourse project sponsors. Project financing can be obtained at least billions of capital investment, but the system complexity, the operation must be standardized, refined, and long periods of time. Project sponsors in the organization phase of the project cost Loaning about 100 million yuan, if the organization is not successful, the 100 million on a loss.