Everyone thinks that the “13th Five-Year Highway Maintenance Project†is an opportunity for the country’s road maintenance business. From the perspective of demand, highway maintenance is a sunrise industry with a very broad prospect of development. The capital chain requirements of the highway industry have the following characteristics: First, the formation of the road network requires a long construction period, and the investment intensity during the period is large; Second, the road is in the use phase also needs continuous, stable, large amount of capital investment;
Thirdly, the total scale of funds in the highway industry is showing a steady and rising trend. We will not reduce capital requirements on a large scale because the road network has already been formed, because the highway after construction is in need of maintenance, and the capital cost for conservation is also an overhead. During the “Thirteenth Five-Year Plan†period, in addition to the continued implementation of new national highway construction and the expansion of key expressways, the focus of demand will shift to the upgrading of the provincial trunk line. The overall industry development trend that is initially expected is that, during the “14th Five-Year Plan†period, highway construction and maintenance in most provinces and cities will reach an overall balance, and the maintenance needs of some cities in the east will even exceed construction requirements. From this we judge that the overall trend of conservation and development is very optimistic. However, there has been a problem that the highway industry is in a difficult position with respect to funding and needs to develop by relying on liabilities for a long time. In the process of development, when the borrowing entities cannot continue to operate, a new body will be formed. Such a cyclical process will lead to the establishment of various financing platforms and management and operation entities, resulting in the continuous separation of road networks. The chaotic situation in which management is constantly changing the system and the debt is owed more and more." So what funds can be used to ensure the conservation of highways? Therefore, the maintenance system first needs to determine the needs of conservation work. As for how to determine needs, it is necessary to change the concept first and change from process-oriented to goal-oriented. In the past, we budgeted for conservation needs according to minor repairs, minor repairs, major repairs, etc. This method was problematic. Now we must establish an asset assessment system to fully evaluate the funding of the road maintenance industry and use it to measure maintenance needs.
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