Urban rail transportation PPP project has its unique risk characteristics,how to control the complex risks in the life cy-cle is an important issue faced in the process of project promotion.Aiming at the problems of insufficiently comprehensive identi-fication of risk factors and narrow scope of application of urban rail transit PPP projects,we apply the Zagan theory to construct the risk evaluation index system of urban rail transit PPP projects and use entropy weighting method-gray cluster analysis to eval-uate the project risks.Through empirical research,it is found that the current urban rail transit PPP projects still face a certain de-gree of risk,and government behavior plays an important role in project implementation.This study can provide reference for the risk evaluation of urban rail transportation PPP projects and promote the success of the project.
Urban Rail Transit PPP ProjectGrey Clustering AnalysisRisk AssessmentGrounded Theory
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