1000 Chinese Projects Opened to Foreign Investors

• 31 December 2015
• Local News
• 1152 Views

China’s National Development and Reform Commission (NDRC), has announced that more than 1,000 proposed infrastructure projects worth an estimated total of $317.75bn will be open to both private and foreign investors.

The proposed public-private partnerships (PPPs) list is expected to bring in private finance for projects including water conservation, transport, public services, natural resources and the environment.

This follows the opening of 80 state projects to PPP in 2014 and the fresh announcement is seen as a further move by China in opening up its predominantly state-run economy.

The NDRC said it had designated 12 of the total 1,043 projects as pilot schemes, to perfect policies over the next two years.