Project Promotion Work of Municipal Public Sectors

Treasury, Housing and Urban Construction Department recently issued a notice, decided to carry out the government in the field of municipal public urban water supply, sewage treatment, garbage disposal, heating, gas, roads and bridges, public transportation infrastructure, public parking, underground pipeline gallery, etc. cooperation and social capital (PPP) project promotion work to enhance the effective supply of municipal public goods and services.

Government investment in innovative financing models, the two departments require changes mainly in mortgage-backed local government land use rights, etc., by local investment and financing platform to issue bonds and other ways to raise funds to build the traditional practice of municipal public projects in an orderly manner to franchising way to attract a new model of social capital, and social capital to promote government cooperation.

Two department stressed, PPP project promotion efforts should focus on strengthening supervision, to avoid assets "sell them off." Promote the project to project-based user fees, charges preferred transparent pricing mechanism, a municipal public projects steady cash flow. To mitigate the risk of local debt, the current focus on promoting compliance with the conditions of the stock of the project according to the PPP model transformation.