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“Requisition-Compensation Mode of Liuzhou” boosts economic growth
Date:2020-03-15 By:Guili Su Source:Liuzhou Daily

In the first ten days of March, 2020, Liuzhou trading platform for the supplementary arable land index completed two transactions of the supplementary arable land index with special index type and form, which were used in the electrification reconstruction project of Jiaozuo-Liuzhou Railway (Huaihua-Liuzhou Section) and the major infrastructure traffic construction project of Liuzhou-Heshan-Nanning Expressway (Liuzhou Section), with a total transaction amount of 350 million yuan.

It is learned that the smooth transaction of the two agreement-based transfer of the supplementary arable land index marks the formation of “Requisition-Compensation Model of Liuzhou” which guarantees the source of supplementary arable land index for major transportation projects through agreement-based transfer, and makes Liuzhou become the first prefecture-level city in Guangxi to straighten out the responsibilities and obligations of the requisition and compensation of arable land, and solve the balance of requisition and compensation of two major transportation projects by itself. The two transfers involve 203.81 hectares of arable land and 79.7 hectares of paddy field, with a grain production capacity of 2.6888 million kg. The beneficiaries include Liujiang District, Liucheng County, Luzhai County, Rongshui Miao Autonomous County and Sanjiang Dong Autonomous County.

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