The popularity of PPP has skyrocketed since 2014. Both the central and local governments have launched a large number of PPP projects, which are regarded by the government as a bullet to break the ice of government monopoly and local debt.
Mu Linsen said on the Panorama interactive platform on Tuesday (23rd) that the company currently has no plans to participate in the investment and implementation of PPP projects.
PPP model: The full name in English is Public-Private-Partnership, which is translated as "Public-Private Partnership" in Chinese. It is a long-term partnership between the government's public sector and the private sector to provide public goods and meet public needs and establish a risk-sharing and benefit-sharing partnership through a contractual relationship.
The scope of project use in the "Guiding Opinions of the National Development and Reform Commission on Cooperation between Government and Social Capital" includes municipal facilities such as power supply, and transportation facilities such as roads and railways.
ANNA