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Liuzhou Uses Big Projects to Strengthen Industry Chain
Date:2016-05-09 By:Shasha Liang Source:Liuzhou Daily

Recently, Liuzhou government has issued The Plan for Fixed Assets Investment Target of Liuzhou in 2016 (“the Plan” for short). In order to fully play investment’s role in promoting and stabilizing economic development, this year, fixed assets investment for the whole city is targeted to increase 14%, with a total value of 233.8 billion yuan. Among it, 69.8 billion yuan will go to infrastructure, with a year-on-year increase of 17%; 123.8 billion yuan will go to renovation, with a year-on-year increase of 16%; 33.2 billion yuan will go to real estate, with a year-on-year growth of 10.1%; other investments will reach 7 billion yuan.

You can never wait for those big projects but attract them. According to the Plan, Liuzhou has proactively promoted cooperation between social capital and government since this year. And also, implementation and construction for PPP project reserve pool will be under great supervision. A batch of new PPP projects will get involved in transportation, waste water, culture and education, nursing for the old, etc. At the same time, enterprise bond financing will be promoted, mainly on green bond, bond for special purpose, projects income bond, renewable bond and other novel bonds. Backup industry pool for enterprise bond financing and reserve pool for equity investment projects will be set up. Efforts will be put on equity investment and social capital will be supported and attracted to establish investment fund.

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