Legal Aspects of Privately Financed Infrastructure Projects (PFIPs) in China: The Case for International Standards

Law

Legal Aspects of Privately Financed Infrastructure Projects (PFIPs) in China: The Case for International Standards

By Shaung Liang
Springer-Verlag August 2021

Specifications

ISBN-13
9789811568053
Publisher
Springer-Verlag
Publication
August 2021
Format
Paperback
Jurisdiction
Singapore ? Countri(es) for reference only

Also available as

Hardback

Details

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.

Table of Contents

Introduction
The necessity of reforming Chinese legislation on PFIPs
The guidance made by UNCITRAL as international standards
General legislative and institutional framework
The concessioner selection procedure in Privately Financed Infrastructure Projects (PFIPs)
Construction and Operation of PFIPs: the legal framework and the agreements
Dispute settlement
Conclusion
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