projects: Construction has started on 3,446 projects, with a total investment of 5.1 trillion yuan, according to Global Times China. PPPs are a collaborative investment model between government and private companies. These projects had a combined investment of 13.6 trillion yuan about 1.97 trillion US dollars according to the China Public Private Partnerships Center under the Ministry of Finance MOF . Of all the projects, 5,811 entered the implementation stage, with a combined investment of 8.8 trillion yuan. Chinese authorities have explored funding infrastructure and public works through the PPP model since late 2013, reducing local government debt and opening new opportunities for private capital. First meeting of the PPP and Infrastructure Financing Network of Asia kicks off in Guiyang
(news.financializer.com). As
reported in the news.
Tagged under projects, chinese authorities topics.