Research on Key Issues Related to Investment Control in Guangzhou Metro EPC Mode -- Taking the 18/22 line of Guangzhou Metro as an example

DOI

10.2991/bems-19.2019.74How to use a DOI?

Keywords

EPC mode, Guangzhou Metro Line 18/22, investment control, case analysis.

Abstract

The development of the city is often accompanied by the construction of infrastructure. Various models also impact the Chinese construction market. As a kind of contracting and forwarding model, EPC has a positive effect on improving the level of engineering construction, so it is gradually applied and implemented extensively in China. However, there may be problems with the project getting out of control during the operation. Guangzhou Metro Line 18/22 is piloted by this model. This paper uses the method of research on the contract terms of Guangzhou Metro Line 18/22 to analyze the project control rights allocation, contract risk sharing and flexible clauses. To identify the key elements of investment management and control of the Guangzhou Metro 18/22 line project, and to enhance the success of the metro project construction management under this mode by strengthening the investment control of the owner under the EPC model.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qian Zhang
PY  - 2019/05
DA  - 2019/05
TI  - Research on Key Issues Related to Investment Control in Guangzhou Metro EPC Mode -- Taking the 18/22 line of Guangzhou Metro as an example
BT  - Proceedings of the 1st International Conference on Business, Economics, Management Science (BEMS 2019)
PB  - Atlantis Press
SP  - 420
EP  - 427
SN  - 2352-5428
UR  - https://doi.org/10.2991/bems-19.2019.74
DO  - 10.2991/bems-19.2019.74
ID  - Zhang2019/05
ER  -