国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

Chizhou deal expected to open the PPP floodgates

By Zheng Yangpeng (China Daily) Updated: 2014-12-31 08:17

For existing sewer facilities, for instance, the yield is expected to be 8 percent-not huge, but certainly commercially viable for a water company such as SWG.

"We are a professional water company with 23 projects in many provinces," Zheng said. "What's important was that we can operate professionally and steadily."

In the past there has been sharp criticism of how local governments have run public utilities with regular accusations of lack of expertise, cronyism and primitive work practices.

At the end of 2013, PPP projects had raised just 1 percent of the total funds used on Chinese infrastructure spending. By comparison, in Brazil, for instance, the share was over 30 percent.

In that sense, the significance of an expansion in PPP in China goes far beyond mitigating the financial burden on local governments.

Huang Yonggui, an official with Chizhou's construction bureau, said the SWG deal will help solve deep flaws in the government's previous management of the water and sewage system.

"The sewage plants and sewage system were previously operated by two SOEs. When the quality of water failed to meet our standards, they ducked responsibility by blaming each other.

The problem will be solved by bringing all the responsibilities together under one firm" Huang said.

However, Chizhou's case might not be easily replicated.

SWG had actually developed a relationship with the local government long before this contract, having already worked alongside Chizhou's sewage treatment and tap-water supply companies. This long-time cooperation had already morphed into mutual trust.

Jin Yongxiang, general manager of Beijing-based consulting firm Dayue, which worked as a consultant on the Chizhou deal, said: "It is not because the project is water, heating or whatever.

The vital factor here is 'standardization'."

He explained that to have a PPP project really flourish, local governments have to learn lessons from the past as previous failed PPP deals have often involved local governments not fully understanding all the situations they might encounter during the course of a whole project.

"A sound PPP is like a marriage, not a wedding," Jin said, adding that for projects to work well both sides have to nurture their relationship over the lifetime of a deal. They cannot quarrel over how many presents they can get from the wedding.

For now, the marriage agreed by Jin's business looks like lasting, 120 possible deals are in talks, doubling from a year before. China Credit Rating Co Ltd has estimated that of the expected 10 trillion yuan in new infrastructure spending next year, 1.5 trillion yuan will be raised through PPP.

Previous Page 1 2 3 Next Page

Hot Topics

Editor's Picks
...
丹寨县| 霸州市| 沂南县| 枞阳县| 额济纳旗| 新和县| 慈利县| 论坛| 汉寿县| 读书| 鄂州市| 浮山县| 昭平县| 台州市| 延安市| 法库县| 台前县| 墨竹工卡县| 泸州市| 曲阳县| 菏泽市| 余庆县| 兴隆县| 大安市| 竹溪县| 万山特区| 新河县| 孙吴县| 雷州市| 杂多县| 沧源| 浮山县| 锡林郭勒盟| 濮阳县| 蕲春县| 增城市| 蓬溪县| 布拖县| 阆中市| 建水县| 开阳县|