Nanjing Jiangbei New Area infrastructure construction has received investment from the National Social Security Fund, marking the first time the fund has invested in a local infrastructure fund. Reporters learned on the 7th from Nanjing Yangzi State-owned Investment Group that the Nanjing Jiangbei Infrastructure Equity Investment Fund, with a total scale of 10 billion yuan, completed the signing of the limited partnership agreement at the end of last month and was officially established. On the 8th, the fund will complete its first fundraising of 1.2 billion yuan, to be invested in the Jiangbei ecological protection forest project.

　　The Nanjing Jiangbei Infrastructure Equity Investment Fund was jointly initiated by Nanjing Yangzi State-owned Investment Group, the National Council for Social Security Fund, and China Minsheng Bank. Among them, the National Social Security Fund contributed 4 billion yuan, China Minsheng Bank contributed 5 billion yuan, and Yangzi State-owned Investment contributed 1 billion yuan. The fund will mainly invest in transportation and environmental infrastructure construction projects in Jiangbei New Area. The daily management of the fund is undertaken by Nanjing Yangtze River Investment Fund Management Co., Ltd., a wholly-owned subsidiary of Yangzi State-owned Investment.

　　It is reported that the establishment of the Nanjing Jiangbei Infrastructure Equity Investment Fund is the first time the National Social Security Fund has invested in a local infrastructure investment fund, and also the first time the social security fund has been entrusted to a purely state-owned fund management company for management and operation. Recently, the fund will complete its first fundraising of 1.2 billion yuan,

　　and on the same day, it will be invested in the Jiangbei ecological protection forest construction project. This environmental infrastructure project has also received 2 billion yuan in policy loan support from China Development Bank, and will create an important green corridor in Jiangbei New Area, not only serving pollution protection and isolation functions but also conducive to the improvement of the new area's ecological environment.

　　As the main state-owned capital investment and operation platform in Jiangbei New Area, Yangzi State-owned Investment has actively promoted the fund-based operation of fiscal funds since its establishment in April 2014, raising low-cost project capital for major infrastructure and industrial projects in the new area. Following the principles of "professional management, classified establishment, and open cooperation," it has successfully initiated and established 8 funds in three major categories—infrastructure, urban development, and industrial investment—with a total scale of approximately 20 billion yuan.