A suggestion is made that in project loan risk management risk-preventing instruments should be exploited positively to cover project loan risk while using the engineering experts to assess the project risk.
Especially, for the bank, Guanrentee is one of the most important instrument for the risk-taking of Project loan, because the 'limited recourse' design of Project Finance, that is the most important character of Project Finance, limited the recourse of bank to the project loan.
The question whether the law character of construction project loan preference is priority or legal hypothec is the dissimilarity of the form only. The former and the latter are same on the function,which is the consequence that each country made different choices base on their own lawmaking characteristics.
Theoretically,the law character of construction project loan preference should be recognized as the priority,it should be established in the lawmaking of civil law,and be attributed to the uniform priority system according to the law tradition and the lawmaking policies and lawmaking technique in our country.