Security PPP mode introduction and mode analysis
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Security PPP is a new type of urban video surveillance project model: 1) government and social capital to set up a certain proportion of the project company; 2) the project company to participate in project financing, investment, construction and operation and maintenance; 3) project initial funding from the government financial subsidies , bank loans, other equity investment, etc.; 4) project working capital comes from the government's operating expenses according to project progress; 5) project profit comes from government service fee expenditure.
Security PPP pattern background
In video surveillance downstream industries, safe cities, large transportation (subway, high-speed rail, airports, public transportation, etc.) and financial industries account for nearly 80% of the video surveillance market, of which Pingan City accounts for 45% of the video surveillance market, and is the largest in the video surveillance industry. field. At present, video surveillance equipment accounts for about 40% of the total video surveillance market output, integration accounts for 55%, and operation accounts for 5%. With the development of video surveillance to intelligence, networking, big data, and cloud computing, it is important for integrators and operators. Sex will become higher and higher.
Security Industry Chain Schematic
Data show that in 2015 China's video surveillance hardware market scale is about 80 billion yuan, the growth rate reached 20%, and it is expected that the future growth rate will remain at 10% or more. Judging from the number of video surveillances per 1,000 people, the highest density of cameras in China currently has 60 cameras per 1,000 people, which is equivalent to only 80% of the UK average.
The security PPP model is highly attractive to both enterprises and governments: 1) For the government, the PPP model introduces social capital, adopts an off-balance-sheet SPV form, and substantially improves government funding; at the same time, professional social capital is introduced to participate in project approval and implementation. To operate, reduce the government burden. 2) For enterprises, the PPP model enables companies to participate in the entire project in depth, share the government risks, and have lower financing costs. The PPP model has received strong support from the government, accelerated its progress, and continuously improved its landing projects.
Security Construction PPP Mode Analysis
Broadly speaking, PPP refers to the public-private partnership in investment and financing. It includes three types of contracting: outsourcing, franchising and privatization; O&M, MC, LOT, TOT, ROT, BOT, and BOO. Narrowly defined PPP is composed of special purpose agencies (SPVs) formed by the government and the private sector, introducing social capital, jointly designing and developing, sharing risks, cooperating in the whole process, and then handing over the government's public service development and operation methods after the expiration.
Security PPP mode diagram
Taking a typical video surveillance project as an example, the security PPP mode can be described as:
1) Government and social capital establish a project company (SPV) in a certain percentage.
2) The project company is responsible for financing, investment, construction and operation maintenance.
3) Source of project initial funding: government financial subsidies, bank loans and other equity investments.
4) Source of Project Working Capital: The government pays SPV for project costs in accordance with the progress of operations.
5) Project profit model: The government adopts the service fee model to pay service fees to SPV on schedule and social capital collects fixed equity income. Some SPV projects stipulate the expiry of franchise, project transfer and government repurchase mechanism.
In the PPP model, enterprises and governments jointly participate in the project. On the one hand, they decentralize government risks. On the other hand, they increase the participation of enterprises in urban video surveillance projects and fully mobilize the enthusiasm of the company. They are expected to become the mainstream form of safe city construction.
Security PPP Ecological Industry Chain
The integration of the security industry chain is a major trend: Under the PPP model, the government hopes that enterprises with comprehensive program planning capabilities and operational capabilities will participate in the long-term operations of the project, and it also puts forward higher requirements for the enterprise's technical capabilities and project operational capabilities.
At present, the smart city PPP projects in many places are based on urban video surveillance projects and even include urban video surveillance projects. The video surveillance solution provider has mastered the data entry and data resources, and has rich experience in project implementation. It is expected that the transition from the safe city to the smart city will be completed smoothly.
(This map comes from the world)