Trend Analysis of Trillion PPP Stock Projects in Urban Rail Transit
With the introduction of Guidance on Standardizing the Implementation of the New Mechanism for Government-Private Capital Cooperation(State Office Letter[2023]No.115)(referred to as the New Mechanism),the PPP projects in the past 10 years have come to an end.According to the opinions that the provinces need to report the classified disposal scheme of PPP stock projects before the introduction of the new mechanism,the main tone is to properly handle PPP stock projects in accordance with the law and regulations,and combine it with local debt risk resolution in accordance with the classified policies,so as to strictly prevent new hidden debts.The nearly trillion PPP projects of urban rail transit that have been implemented have also attracted the attention of all parties due to the huge amount of single investment,long construction period and heavy operation responsibility.It is of great and stable significance to classify the implementation and improve the quality and efficiency according to the requirements and project conditions.
urban rail transitPPP projectsclassified disposalimprove quality and efficiency
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