高速公路基础设施REITs创新与实践

作者:江峰
单位:中交投资有限公司
摘要:高速公路基础设施REITs是金融创新与产融结合的产物,其作用和意义在于:一是它作为高速公路行业一种新的融资模式,为真正权益型的资产上市找到了一条新路径;二是通过打通高速公路资产上市退出的通道,开启了高速公路“投、融、建、管、退”全生命周期发展新模式;三是通过创新高速公路“轻资产”运营管理模式,较好地满足高速公路行业运营模式转型的需要。基于中央企业首单高速公路基础设施REITs实践,对其探索创新与经验总结作些梳理。
关键词:基础设施REITs投融资管理创新企业经营管理
作者简介:江峰,总会计师,主要从事财务资金管理、资本运作等方面的工作。
尊敬的用户,本篇文章需要2元,点击支付交费后阅读
参考文献[1] 郭上,聂登俊,杜唯平,等.积极探索PPP与REITs相结合的创新融资模式[J].经济研究参考,2017(44).
[2] 韩志峰,张铮.REITs:中国道路[M].北京:人民出版社,2021.
[3] 洪艳蓉.基础设施REITs的法律架构与风险规制[J].证券法苑,2021(31).
[4] 金永军.境外市场REITs实践经验及我国基础设施REITs试点制度研究[J].证券法苑,2021(31).
[5] 肖钢.制约我国公募REITs的五大因素和破解路径[J].清华金融评论,2019(2).
[6] 张铮.公募REITs试点的治理结构[J].中国金融,2021(9).
[7] 周景彤,叶银丹.基础设施REITs开启新时代[J].中国金融,2020(18).
Innovation and Practice of Highway Infrastructure REITs
JIANG Feng
(CCCCIC)
Abstract: Highway infrastructure REITs is the product of the combination of financial innovation and industry. Its function and significance are:first,as a new financing mode of highway,it finds a new path for the real equity asset listing;Second,it initiates a new development mode of the whole life cycle of “investment,financing,construction,management and exit” of highway by opening up the channel of listing and exit of highway assets. Third,through the innovation of the highway “asset-light” operation management mode,it has a better way to meet the needs of the highway besides the operation mode transformation. Based on the REITs practice of the first highway infrastructure of the central state-owned enterprise,this paper tries to figure out its exploration,innovation and experience summary.
Keywords: infrastructure REITs; investment and financing; management innovation; enterprise management
560 0 0
文字:     A-     A+     默认 取消