2018-09-12 16:21:18
Sun jie, a researcher at the institute of fiscal science under the ministry of finance, said the purge and rectification aims to correct the deviation and variation in the current ppp project implementation process. "After the completion of some project in accordance with the requirements, will be more standardized, more transparent, help project whole life cycle management, simplify the project in the short term, but in the long run, the project into retreat, will pay more attention to standard operation and project management, is conducive to prevent and control risks, enhance confidence in the market, promote the ppp enterprise long-term sustainable development."
At the same time, the ministry of finance, together with 18 ministries and commissions, launched the fourth batch of 396 ppp demonstration projects involving an investment of 758.8 billion yuan. In the next step, the ministry of finance will continue to push forward ppp work in a normative and orderly manner, and give full play to the positive role of ppp model in optimizing resource allocation, stimulating market vitality and promoting quality and efficiency of public services, the person in charge said.
According to the ppp guideline released by the ministry of finance and the national development and reform commission, ppp projects are mainly invested in urban infrastructure and public services, and the projects need to have transparent pricing mechanism and stable cash flow. By the end of July 2018, 1,096 ppp projects and 3,292 ppp projects had been completed in the transportation and municipal engineering industries, totaling nearly 7 trillion yuan, according to an analysis report on China's ppp mode operation and investment strategy planning released by the forward-looking industry research institute.
