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Economy

The operating rate of multi province fund projects reached 100%. Look at the "new trend" of investment from the perspective of "quick landing" of projects

2022-12-14   

By the end of the year, major projects in various regions had made phased progress. Since this year, the issuance of policy oriented and development oriented financial instruments has played a key role in solving the capital source gap of projects. Infrastructure projects have been accelerated to land, which has doubled the driving effect on effective investment, and promoted high-quality development in the field of infrastructure. Solve the difficulty in getting capital funds in place - accelerate the start of construction and inject "heart enhancer". The end of the year is approaching. Entering the Gulei Port Economic Development Zone in Zhangzhou, Fujian Province, the largest foreign investment project in Fujian Province so far, and the major industrial cooperation project of the "the Belt and Road" - the China Saudi Gulei Ethylene Integration Project is advancing in an orderly manner. Huang Jianfa, secretary of the Economic and Development Bureau of Gulei Development Zone, told reporters that the project was approved by the Development and Reform Commission of Fujian Province in June this year and is expected to officially start construction in the near future. "As a policy oriented and development oriented financial instrument project, in the process of signing and lending, we implement standing book management on the project, and coordinate and solve the problems of asset ownership, collateral supplement, etc. as soon as possible." Zhangzhou Municipal Development and Reform Commission Investment Section, said the relevant person in charge. At present, the bank loans supporting the 16 fund projects in Zhangzhou have been put in place, supporting the construction of a number of key projects to speed up the implementation. In Hebei Province, the construction bidding for the Hebei section of Xiongshang High speed Railway has been completed by the end of September this year, and the construction units have all entered the site for construction preparation. "The policy financial instruments invested by China Development Bank were in place in time, which effectively supported the advancement of land acquisition, demolition and other work, and greatly promoted the project construction." The relevant person in charge of the project said. At the end of July this year, the State Council deployed policy oriented development financial instruments to increase financing support for major projects, which became a key move to solve the problems such as the difficulty in obtaining capital for major projects. With the implementation of financial instruments, accelerating capital payment and construction has become the key words for stable investment. The fund project scheduling meeting held by the Investment Department of the National Development and Reform Commission recently pointed out that we should continue to maintain efficient operation, strive to start all projects on schedule, and form more physical workload as soon as possible. The reporter found that by the end of November, the operating rate of fund projects in many provinces, including Hubei, Hunan and Jiangxi, had reached 100%. "China's investment projects implement the capital fund system, and infrastructure projects must raise a certain proportion of the minimum capital fund to obtain commercial bank loan support. Capital finance is always a problem for infrastructure projects." Li Kaimeng, chief economist of China International Engineering Consulting Co., Ltd., said that the funds raised by policy based development financial instruments for capital injection of infrastructure projects played a key role in solving the capital source gap of infrastructure projects, and played an immediate role. It was an important innovation measure to promote infrastructure investment in China under the current situation. The reporter learned that up to now, 16 projects in Zhangzhou, Fujian, have received fund support, with loans of 3.97 billion yuan. "Policy oriented and development oriented financial instruments have effectively alleviated the pressure of capital shortage in major infrastructure construction and driven effective investment of more than 10 billion yuan by giving play to the leverage leverage function of nearly 10 times of the fund." Zhang Qichi, chief economist of Zhangzhou Development and Reform Commission, said. In addition to injecting "strong heart" to accelerate the commencement

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Economic Information Daily

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