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128 projects opened to private investment

2013-June-7       Source: Newsgd.com

A total of 128 projects ranging from infrastructure to environmental protection to new energy supply valued at 285 billion RMB are now open to private investment, according to provincial officials. The

A total of 128 projects ranging from infrastructure to environmental protection to new energy supply valued at 285 billion RMB are now open to private investment, according to provincial officials. The project investments were unveiled at a June 3 meeting where local officials adopted a document entitled "Opinion on Further Encouraging and Guiding the Development of Private Investment".

According to the document, the provincial government will take steps to steer private capital into strategic infrastructure projects, dominant strategic industries, and strategic development platforms. The document also states that private investors will be encouraged to operate infrastructure facilities, municipal works and other public service projects according to market principles.

Editor: Olivia

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