The investment field for transportation infrastructure local government project income special bonds has gradually expanded from toll road to railway，metro and other mass transportation infrastructure. The issuing period is characterized by long-term，debt service coverage ratios are good. However，we should pay attention to regional credit risk. Local government project income special bonds for transportation infrastructure can play an active role in promoting investment and stabilizing growth in means of capital investment. With more regulation on the use and management of local government special bonds，funds will be used more efficiently and effectively.