Reporter learned that, in order to speed up the PPP mode of government and social capital cooperation to promote the progress and increase the rate of project contract, related departments are preparing to launch a series of policies and measures, including perfecting value evaluation guidance, the PPP method to draft the top-level design, the PPP project signing this year be born rate is expected to increase greatly.
Treasury JiaoXiaoPing deputy director of the government and social capital cooperation center, said that the Treasury will start this year "the Treasury country PPP management platform", to protect the interests of the social capital. The platform after put into operation, the PPP project contract conditions will be timely tracking, social capital can be more easily to choose investment opportunities.
Last September, the ministry of finance announced the second batch of a total of 206 PPP demonstration project list, total investment of 658.864 billion yuan. Project number is 7 times the amount of the first project, total investment is one of the first project of 4 times. In December last year, the national development and reform commission announced the second batch of a total of 1488 introduction of PPP project, is expected to total investment 2.26 trillion yuan, the number and amount respectively 42.9% and 13.9% higher than the first project.
According to public information, development and reform commission announced the introduction of PPP project 2529, total investment of about 4.24 trillion. The Treasury launched a total of PPP demonstration project 233, a total investment of about 817 billion yuan. The total investment of about 4.95 trillion yuan.
Executive director of the people's livelihood securities research institute, chief researcher at macro GuanQing friend said, in fact, the PPP's not such a big "cake". Currently launched demonstration, promotion project and has signed but not included in the project library projects more than 3100, the sum of the total investment of nearly 6 trillion yuan, about 60% of the infrastructure investment in 2014.
GuanQing says, usually around will filter out dozens of projects submitted to the national development and reform commission and the ministry of finance, but in the end will only choose part of the project as a demonstration project or promotion, at the same time provide financial support for some items. For the chosen project, places to their financial strength to support its development.
Areas of the PPP project from the ministry of finance announced the second batch of PPP demonstration projects list, you can see that across the country, municipal projects and water projects accounted for the highest, 29% and 24%, respectively; Traffic class project times, accounting for 18%; Other types of projects accounted for the difference is not big.
GuanQing friends think, if continue to issue the PPP model, to promote projects this year, so in the future the PPP project relative to the proportion of the total infrastructure projects could be more than other countries used to use 15% of the standard, "PPP" will become the mainstream of infrastructure project financing pattern design in our country.
JiaoXiaoPing said yesterday, the ministry of finance will adopt a new, more transparent, predictable way to launch the third batch of demonstration project.
Parts of contract rate for ascension
Related department released figures showing that the PPP project contract distribution, parts of PPP project signing difficult problems.
Cumt-ger wide hair negotiable securities analyst said that if the PPP method to effectively implement, budget management, coupled with the commercial Banks, insurance funds for the PPP project financing support, social capital of the PPP project participation would increase greatly.
Analysts believe the lower parts of the PPP project signing rate is mainly the PPP project signing process, more prone to variables. Usually the PPP project from prophase research, value research, assess risk, financial model, design the PPP mode at the end of the formal contract to prepare at least half a year. Around the PPP projects conference promoting the signing of the actual situation is often, social capital, the simple understanding feel after project investment value, then determine the initial investment intention, from the "intention about" to "contracts" may also exist some variables, if the project is to be born to the final contract shall prevail.
In GuanQing friend point of view, the PPP project contract number and level of regional economic and social development have strong correlation. In east China's zhejiang, jiangsu and shandong is a leading province, the PPP project signing rate is respectively 7%, 10%, 6% of the country's contract number. Across the country, accounting for more than 5% in only seven provinces, including in east China has three, this has to do with developed economy, good government credit and debt related to or have debt repayment ability is reliable.
A series of New Deal brewing
To accelerate the PPP projects, improve project signing rate and related departments are preparing to launch a new policy.
JiaoXiaoPing said yesterday, the ministry of finance budget management policy is in the making of the PPP, is expected to come out this year. This policy will dispel the worries of social capital, so the demonstration project of PPP benchmark function can be fully embody. In addition, the ministry of finance this year will start the PPP management platform of state of ministry of finance, then all the project description, contract conditions, implementation of the project progress, local government debt and contingent liabilities will be announced on the platform, strength in a completely transparent information disclosure fully protect the interests of the social capital.
Platform after put into operation, the PPP project contract will be timely tracking, social capital can be through the platform to provide large data analysis service selection valuable investment opportunities.
Analysts believe that the PPP budget management policy to the PPP into local fiscal budget can eliminate worries about debt collection factors such as social capital, especially for the sponge cities, underground pipe gallery outside features such as large investment, long return period, obviously, need to pay the government's fiscal field would be a big boost.
The personage inside course of study says, besides the PPP developing budget management policy, value evaluation draft guidance, the PPP method such as the top design is perfect. The PPP model is expected to more toward the execution level, the signing of the PPP projects this year be born rate is expected to increase greatly.
The ministry of finance has released the PPP project of "replace subsidies with awards" policy since the beginning of the year. Wei ping an securities analyst, said the policy will fundamentally change the understanding of the PPP projects, local governments from the PPP project is regarded as central to policy, the financing channels for the money to take the initiative to absorb the social capital, guarantee the project smoothly. At the same time, guide and encourage local financing platform company stock to the public service project into the PPP projects, will dissolve the stock of local government debt to a certain extent, reduce the pressure of local government finances.
Wei believes that with the implementation of the PPP project, the PPP classic case will gradually increase, it is imperative to promote replicable model).