Sichuan Launches Construction of 1,390 Major Projects

2018-02-01 736 0人评论
A groundbreaking ceremony for another batch of major projects in Sichuan Province was recently held in Xindu District, Chengdu. A total of 1,390 major projects, each with a total investment of over 20 million yuan, have begun construction, with a total investment of 713.2 billion yuan, of which major infrastructure projects account for 232.7 billion yuan, about 36% of the total investment.

The projects launched this time include key projects such as the Zigong-Yibin section of the South Sichuan Intercity Railway, the relocation and reconstruction project of Suining (Nanba) Airport, affordable housing, and ecological and environmental protection. Among them, there are 502 major infrastructure projects, accounting for about 36% of the total projects, with a total investment of 232.7 billion yuan; 508 major industrial development projects, with a total investment of 309.2 billion yuan; 260 major livelihood and social undertaking projects, with a total investment of 87.3 billion yuan; and 120 other projects, with a total investment of 84 billion yuan.

Among this batch of major projects, 251 projects involve Sichuan Province's "three major battles" for the prevention and control of air, water, and soil pollution, accounting for about 18% of the launched projects, with an investment of more than 73.7 billion yuan, about 10% of the total investment. The projects target prominent environmental problems such as water pollution in the Minjiang River Basin, air pollution in Chengdu and other places, and soil pollution in the Chengdu Plain. They focus on shortcomings in pollution prevention and control infrastructure and governance capacity as well as issues found by central and provincial environmental inspections, and explore market-based investment mechanisms for pollution prevention and control. To date, 9.5 billion yuan in PPP project funding has been secured.

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