Application of BT Model in the Olympic Extension Construction of Beijing Subway

BT mode, as a relatively new way of construction financing modes, has a practical application in the Olympic extension project construction of Beijing subway. BT mode not only gave a good solution to the investment funds bottleneck problems, but also created a good platform for contractor with collection of financing and construction in one building, and with overall management of design, construction, and supervision. Through the analysis on the case of Olympic extension construction project of the subway projects, this paper discussed a number of advantages in the application of the BT mode in the subway projects, and summed up the risk in the course of the operation. At the end, development trend and controlling method of BT mode are given.