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Chenzhou Selected as the Major City of PPP Innovation Work in Municipal Engineering Field

2017-03-01

On February 20, the National Development & Reform Commission and Ministry of Housing and Urban-Rural Development jointly issued the "circular on further the innovation work of Public-Private Partnership (PPP) in the major municipal projects" (Development & Reform Commission investment [2017] No. 328) and cleared the list of major s improving mall-medium cities to carry out the PPP innovation work. Chenzhou City successfully was selected as the only city in the province.

 

It was reported that in recent years, Chenzhou City in accordance with the decision deployment of provincial and municipal government, has innovated ideas, actively explored and solidly promoted the PPP model. Municipal and county levels have set up the PPP leading group, actively introduced advisory bodies and employed a number of qualified consulting institutions in the province. Chenzhou has first introduced in the province about the "implementation measures of Chenzhou Public-Private Partnership (PPP)", has made specific provisions on the reporting, procurement, implementation, operation, management, exit, handover and other links of PPP project, and has innovated preferential policies and measures. Chenzhou also has vigorously supported the companies of PPP project to finance thorough multi channel in accordance with the law, has put the required financial capital of PPP project into the same level government budget management and medium long-term financial planning, and has provided a strong financial protection for vigorously promoting the use of PPP model. Up to now, the city has launched and reserved a total of 76 PPP projects, has invested a total of 63.08 billion yuan and has finished the tender purchase and signing of 23 projects to start construction. The three projects of Mangshan reservoir construction in Yongxing County, urban and rural safety water diversion and sewage treatment of "two districts and four gardens" in Yizhang County and overall relocation of Rucheng Vocational Secondary School have became the national PPP demonstration projects and have started to construct.