Legal Aspects of Privately Financed Infrastructure Projects (PFIPs) in China

Beschreibung

This book discusses the reform and improvement of Chinese legislation on Privately Financed Infrastructure Projects (PFIPs), the goal being to help its implementation in China satisfy international standards. In this regard, current Chinese laws are found to be insufficient when it comes to reducing risks to PFIPs, due to certain shortcomings. Therefore, the corresponding legislation must be reformed and improved.The Legislative Guide and Model Provisions drafted by UNCITRAL are discussed as the international standards that can effectively guide this reform; other countries’ laws on PFIPs provide supplementary reference material.Given the rapid rise in the use of PFIPs in China, this book offers a strong theoretical basis for improving Chinese legislation. It also provides general suggestions that can be applied to the reform of laws on PFIPs in any country.
This book discusses the reform and improvement of Chinese legislation on Privately Financed Infrastructure Projects (PFIPs), the goal being to help its implementation in China satisfy international standards. In this regard, current Chinese laws are found to be insufficient when it comes to reducing risks to PFIPs, due to certain shortcomings. Therefore, the corresponding legislation must be reformed and improved.The Legislative Guide and Model Provisions drafted by UNCITRAL are discussed as the international standards that can effectively guide this reform; other countries’ laws on PFIPs provide supplementary reference material.Given the rapid rise in the use of PFIPs in China, this book offers a strong theoretical basis for improving Chinese legislation. It also provides general suggestions that can be applied to the reform of laws on PFIPs in any country. 

Discusses how model laws or legal documents drafted by the UN could be transformed into Chinese domestic laws Discusses the shortcomings of Chinese laws in terms of PFIPs Compares the laws in other countries with Chinese laws on PFIPs

Autor*in

Shuang Liang

Themen in »Legal Aspects of Privately Financed Infrastructure Projects (PFIPs) in China«

Privately Financed Infrastructure Projects Public-Private-Partnership UNCITRAL standard Value for money(VFM) Build-Operate-Transfer (BOT) Private Finance Initiative (PFI) Long-terms sustainability Concessioner selection Project agreement Dispute settlement

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