文章编号：1672-5328（2010）05-0011-03

刘志
（世界银行，美国华盛顿特区20433）

摘要：城市交通基础设施建设投资巨大，投资决策需要考 虑到现有设施的经营效率是否达到最大、现有设施是否得 到合理的维护、是否有成本更低的可替代方案、现有资金是 否从全局角度上得到最合理的使用。城市交通问题的解 决，不仅需要一系列相互关联的基础设施硬件投资，更需要 有良好的服务和管理。目前我国许多城市交通基础设施投 融资体制是不可持续的，改革的方向应着重于投融资机制 的可持续性和透明性、民营部门的参与以及城市交通规划 与财政投融资计划的直接挂钩。

关键词：交通经济；交通基础设施；投融资

中图分类号：F57

文献标识码：A

Urban Transport Infrastructure Financing

LIU Zhi
(The World Bank, Washington DC 20433, USA)

Abstract：As the size of urban transport infrastructure investment is often large, investment decision must be based on careful consideration on the current operating efficiency and maintenance of existing infrastructure, availability of lower cost alternatives, and the prioritization of available funds for public services. Addressing growing urban transport problems requires not only financing of infrastructure hardware, but also improved services and management. The current mechanisms of urban transport infrastructure financing in many Chinese cities are not sustainable. The reform agenda should focus on the improvement of sustainability and transparency of local urban transport financing mechanisms, private sector participation in infrastructure financing, and the linkages between urban transport plan and municipal financing plan.

Keywords：ransport economics; transport infrastructure; investment and financing