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- W2385542019 abstract "Because of low financial returns from urban rail projects,rewarding systems should meet the requirements of private investment in order to tap the private capital.According to repayment time and repayment measures,rewarding systems were divided into progress payments,fully repaid by project revenues,fully repaid by other financial sources,and repaid partially by project revenues,and partially by other financial sources.Of them,the rewarding system of fully repaid by other financial sources and the rewarding system of repaid partially by project revenues and partially by other financial sources were suitable for privately financed urban rail projects.These two rewarding systems may be used with build-transfer and build-operate-transfer strategies respectively.A framework was suggested to design rewarding systems.Two formulas were derived to compute buyback prices of BT projects and subsidies of BOT projects.Finally,several cases were studied to illustrate the application of rewarding systems.The findings would be helpful to the development of urban rail projects." @default.
- W2385542019 created "2016-06-24" @default.
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- W2385542019 date "2011-01-01" @default.
- W2385542019 modified "2023-09-27" @default.
- W2385542019 title "Study on Rewarding System of Privately Financed Urban Railway Transport Projects" @default.
- W2385542019 hasPublicationYear "2011" @default.
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