Friday, November 27, 2015

Governor of Sichuan to promote PPP projects insist that social capital at reasonable

Governor of Sichuan to promote PPP projects insist that social capital at reasonable and stable return

Photo: network

Sichuan province, held on November 26, "cooperation of the Government and social capital (PPP)" on the tour, released estimates of the province with a total investment of nearly 700 billion yuan of 756 investment projects for social capital to choose to participate.

Attention to, transportation construction project just as much as 280 billion yuan.

On a day tour, field signed 44 PPP projects, the total investment reached 158.815 billion yuan. Projects related to transportation, municipal utilities, environmental protection, affordable housing, education of 7 major areas of industry with mass production and living of the people is closely related to

Compared with the PPP projects Agency landed at the end of last year, the contracted number of Sichuan has increased from 28 to 44, field is also extended to transport, municipal utilities, environmental protection, affordable housing, education of 7 major industries.

In order to stimulate the participation of social capital to the enthusiasm of PPP projects in Sichuan, Sichuan Provincial Governor Wei also attended the seminar.

Wei said in his speech, Government and social capital in the public service have established a new partnership, PPP model has improved the supply of public services, stimulating market vitality, improve the performance of Government funds for major reforms.

Wei also stressed, especially in the economy under the new normal, application of PPP mode, for guiding leveraging social capital and new engine fostering economic growth, promote efficiency, effectiveness of public development and management level, is of great practical significance.

Wei said that the PPP model in the field of public services, but the Government is standing in the Commonweal and market thinking of the combination of, insisted that social capital has a reasonable stability in return. Acquisition talk continued efforts China and the

In order to enhance confidence in the participation of social capital, Wei has made three commitments: first is the market capable of balancing items to the market, followed by markets cannot balance items by price adjustments to balance or Government procurement; the third is some investment is large and can not guarantee the Basic project of reasonable returns, the Government can use a combination of resources to balance.

Director of the Research Institute of industrial economy development in Sichuan province Luo Ling interface news also believe that, under the current economic situation, social capital to participate in the local Government of PPP projects, most importantly the rules in terms of developing and supporting the implementation of policies must be confident.

Interface reporters learned from the Sichuan Provincial Government, in recent years, Sichuan has launched to encourage community investment in public services and promote the implementation of PPP, PPP promotion measures are formulated and clearly supporting policies such as taxation, finance, land.

On the investment funds in accordance with the market-oriented operation and management, Sichuan Provincial Financial Express first capital contribution of 1 billion yuan, the total is expected to reach 5 billion yuan more than through equity investment and debt investment, financing and other support to participate in PPP projects.

Interface news also noted that resources development, Sichuan province, innovation, comprehensive system of promoting PPP policies and existing industry access, price management, personnel support policies, convergence with the PPP projects.

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