18 billion yuan to be invested in major "six-quickening" projects by state-owned enterprises
- Details
- Category: Ningbo Business
- Published: Tuesday, 28 February 2012 11:13
In the breakthrough year of the major "six-quickening" projects, Ningbo will optimize the investment structure of its state-owned assets and increase investment efforts. News comes from the Working Conference for State-owned Assets and Enterprises held recently, this year, the investment by state-owned enterprises in major "six-quickening" projects will surpass 18 billion yuan.
The conference makes it the aim to display fully the leading and supporting role of the municipal state-owned enterprises in strategic, fundamental and livelihood areas and to make great efforts to promote the stable and rapid economic and social development.
Last year, the state-owned enterprises in Ningbo played a leading role in the development and construction of the strong international port, major infrastructure projects, major urban blocks and major livelihood projects, besides preserving and increasing the value of state-owned assets. By the end of last year, the ten specially inspected major government projects undertaken by state-owned enterprises in Ningbo had completed an investment of 8.965 billion yuan, 110% of the yearly plan.
This year, the state-owned enterprises will continue to enlarge the effective investment demands, and accelerate the construction of a batch of major infrastructure projects, major urban block projects and major livelihood projects, such as the rail traffic, the south and north outer-ring expressways, Chuanshan Port Highway, Xiangshan Port Bridge, Sanmen Bay Bridge, "the north banks of the two rivers", Qincun Reservoir and cultural squares. And the intended annual investment will surpass 18 billion yuan.
In accordance with the requirements of building the core area of Zhejiang Marine Economic Demonstration Zone, the municipal state-owned enterprises will also make great efforts in investing in marine economy in order to promote the strategic transformation of Ningbo port from "goods transport port" to "trade logistics port". Ningbo Municipal SASAC encourages the combination of industry and finance, endeavors to promote the state-owned enterprises to invest in marine industry, and supports the development of marine finance industry with marine industry fund and East Sea Bank, etc. as the main body. It will also strengthen its financial security for marine economy development by realizing an investment of over three billion yuan.
In terms of the development of large port industries, the state-owned enterprises will also display their leading role, further optimize the structure and put in more investments. The investment in such major projects as Zhenhai Power Center, LNG cold energy utilization, big ethylene project of Zhenhai Refining & Chemical Co. and the second phase of big ethylene project of Formosa Plastics Group will surpass one billion yuan this year.
