An alternative model to determine the financing structure of PPP-based young graduate apartments in China: A case study of Hangzhou

Yelin Xu, Yi Peng, Queena K. Qian, Ping Chuen Chan

Research output: Journal article publicationJournal articleAcademic researchpeer-review

5 Citations (Scopus)

Abstract

Public-private partnerships (PPP) can be employed to provide public rental housing for young graduates, which has been urgent to achieve social sustainability in China. However, few studies have been conducted to investigate the financing structure of PPPs, particularly the ratio of private investment, which is important in initiating a PPP project. This study develops a robust model to determine the financing structure through considering the uncertainties in operation. A case study in Hangzhou demonstrates the process of the model. The relevant findings provide private investors and the local government with effective references for negotiating the financing structure of a PPP project.
Original languageEnglish
Pages (from-to)5720-5734
Number of pages15
JournalSustainability (Switzerland)
Volume7
Issue number5
DOIs
Publication statusPublished - 1 Jan 2015

Keywords

  • China
  • Financing structure
  • Monte carlo simulation (MCS)
  • Public-private partnership (PPP)
  • Social sustainability
  • Young graduate apartments

ASJC Scopus subject areas

  • Geography, Planning and Development
  • Renewable Energy, Sustainability and the Environment
  • Management, Monitoring, Policy and Law

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