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Diversified Financing Helps Guiyang County to Raise 700 Million Yuan Funds

2015-08-05

 

It was learned from Guiyang Urban Construction & Investment Management Office that though under unclear financing policies and severe financing situation, it collected 705million yuan funds by taking active actions on interpreting the new policies, adapting to the New Normal and breaking the limit of polices. It greatly helped to provide strong capital supports for the projects construction of Guiyang county.

 

Followed the working ideas of “relying on big platform, serving for major construction, obtaining great supports”, Guiyang county actively handled out the butt joint work with the financing institutions and social financial groups. Currently, standard workshop, rehabilitation, Chonglingjiang ecological environment treatment project and vocational middle school were listed in the bank loan projects list. The total applied loan commitment was 1.76billion yuan for all. China Development Bank’s 200-300million yuan funds for the state-run renting company’s renting of water supply and drainage pipe network and Hunan Trust’s 200million yuan receivables pledge were being under docking work.

 

At the meantime, Guiyang county placed much more attention on the comprehensive management and supervision on the pre-construction, under-construction and post-construction process to promote all the projects with high level and rapid speed and ensure all projects are handled out safely with good quality, which further helped to upgrade the county level and comprehensive strength of the county. Currently, there are 14 continuous and new construction projects with 1,88billion yuan investment being handled out in Guiyang county, 10 of which are continuous ones and 4 are new ones.

 

In order to maintain the credit of the construction & investment and defuse the financial risk, Guiyang county figured out the plan of fund payment in advance and arranged it comprehensively and scientifically. It successfully allocated the funds for some projects, paid the principal and interest of expire loans back to the banks on time and paid buy-back capitals of BT projects on time as well. At the meantime, Guiyang county positively coped with the examination of capitals, well prepared the data for the examination, clarified the accounts, and assured the readiness of registered projects and procedures of fund payment, all of which helped to promote the urban investment credit construction of Guiyang county to be improved steadily.