Evaluation of Financial Affordability of Existing PPP Projects in Guangxi under the New Mechanism and Suggestions for Classification and Handling
In November 2023,with the official implementation of the new PPP mechanism,it marked the beginning of a new journey of stan-dardized development for PPP.During the critical period of the transition from old to new mechanisms,how to promote the implementation of existing PPP projects within the financial capacity is an important prerequisite for whether new franchise projects can be added in the future.Based on the data of existing PPP projects in Guangxi Province obtained from the PPP project management database,this paper evaluated the financial capacity of 14 cities in Guangxi Province.The study found that the overall financial risk caused by the future fiscal expenditure re-sponsibility of existing PPP projects is relatively small,but the financial risk of individual cities is relatively high.Under the new PPP mecha-nism,this article puts forward suggestions on establishing a classification and processing mechanism for existing PPP projects and strengthen-ing financial risk prevention in key areas,providing reference for Guangxi Province to standardize the operation of existing PPP and prevent financial risks in the future.
new PPP mechanismexisting PPP projectfinancial riskclassification processing