First of all, PPP model can effectively realize the integration of financial funds and private capital, and give full play to the social and economic benefits of sports venues. Sports venues mainly provide public services to meet public needs, which have significant social benefits, non-exclusive benefits and non-competitive consumption. The relationship between market supply and demand cannot reasonably affect prices. If a gymnasium with a capacity of 20,000 people is added before it is full, the marginal cost is zero, which is non-competitive. Sports venues can exclude some people's consumption through fees, which is exclusive. Moreover, for facilities such as stadiums and gymnasiums, the government's independent investment has the problems of insufficient funds and low efficiency, while private investment only pursues profits and ignores social benefits. The PPP model can just combine the two to jointly build, * * * enjoys the benefits and * * * bears the risks, which is a very beneficial exploration.
Secondly, the construction of sports venues, especially large-scale sports venues, requires huge capital investment. Under the current limited financial resources of the government, it is an ideal way to build stadiums and gymnasiums with PPP mode, which can not only effectively reduce the financial burden of the government, but also improve the later operation level of stadiums and gymnasiums with private capital.
Thirdly, the PPP model has been applied in the construction of many stadiums in China, such as the National Stadium, the National Gymnasium, the Wukesong Cultural and Sports Center in Beijing, and the Tianjin Olympic Sports Center. It has accumulated some experience and laid a foundation for its wide application in China.
Fourthly, sports industry, as a sunrise industry in 2 1 century, has a high profit space and return on investment, which has attracted extensive attention of investors. Investors can use PPP model to invest and transport bamboo to the sports industry, so as to share the huge business opportunities brought by the sports industry in the future and get rich investment returns.