一、何为 BTBT 是政府利用非政府资金来承建某些基础设施项目的一种投资方式,是 Build(建设)和 Transfer(转让)两个英文单词的缩写,其含义是:政府通过合同约定,将拟建设的某个基础设施项目授予建筑商,在规定的时间内,由建筑商负责该项目的投融资和建设,合同期满,建筑商将该项目有偿转让给政府。BT 具有以下显著特点:第一,它是一种投资方式;第二,只有政府的基础设施项目才能采用 BT 方式;第三,政府利用的是非政府资金,即不由政府直接投入而由建筑商自己筹集资金(包括自有资金和出面借取的资金等)。第四,项目的投融 First, what is BTBT BTBT is an investment by the government to use non-government funds to construct certain infrastructure projects. It is an abbreviation of Build (English translation and transfer) and English words. The meaning is that the government, through contractual agreement, The construction of an infrastructure project will be awarded to the builder, within the prescribed time, by the builder is responsible for the project investment and financing and construction, the contract expires, builders will be paid the project to the government. BT has the following salient features: first, it is an investment method; second, only the government’s infrastructure projects can use the BT method; third, the government uses the non-government funds, that is, not directly by the government investment by the builder himself Raise funds (including self-owned funds and borrowed funds etc.). Fourth, project investment and financing