20 February 2019

MoF pushes PPP model for infrastructure projects, paper says

The Ministry of Finance is pushing for public-private partnership (PPP) in place of the conventional build-operate-transfer (BOT) model for large infrastructure projects amid financing difficulties facing local administrations, China Business News reported Monday. The PPP model allows for the participation of private capital, thus alleviating the debt burden on local governments. At the end of 2012, local governments in three provinces, 99 cities, 195 counties and 3,465 rural towns reported a debt-to-GDP ratio of over 100 percent, the report said.

– Contact HKEJ at [email protected]



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