Under the background of appropriate and advanced infrastructure investment, the issuance scale of local bonds has increased significantly year-on-year since 2022. From the specific details of local bond fund-raising that have been disclosed since 2022, the proportion used for infrastructure is high. From the standpoint of documents issued by various localities, it has become a consensus to promote the speed and efficiency of major project construction. From the announcement of listed companies, recently, many infrastructure listed companies announced that they had won large orders.
high proportion of infrastructure investment
According to the statistics of China Securities Journal, among the local bonds issued this year, the proportion of funds raised for infrastructure investment is relatively high.
According to the data, the scale of local bonds issued by various regions in January 2022 was 698.857 billion yuan, compared with 362.336 billion yuan in the same period of last year, with a year-on-year increase of 92.88%. In February 2022, all localities have disclosed that the scale of issuing local bonds was 295.82 billion yuan, compared with 55.724 billion yuan in the same period of last year. Among the above-mentioned local bonds, nearly 60% of the funds raised were directly invested in the field of infrastructure. Among them, the special debt funds for urban and rural, municipal and industrial park infrastructure accounted for 42.2%; Transportation infrastructure construction accounted for 18.3%. The collection scale of special bonds for shantytowns reconstruction, toll roads and Rural Revitalization ranks first.
From the details of government bonds that have been disclosed everywhere, many local bonds raise funds for infrastructure.
In 2022, the total amount of special bonds issued by Henan provincial government (phase I-III) was 17.987 billion yuan, which was mainly used for transportation infrastructure projects such as rail transit projects in subordinate cities of Henan Province, reconstruction of old residential areas, heating and water supply projects, water system ecological treatment and other livelihood projects, as well as industrial park projects such as logistics base, food processing and equipment manufacturing.
In 2022, the total amount of special bonds (phase I-III) issued for other project income in Zhejiang Province was 26.594 billion yuan, which was used for 257 projects in the fields of transportation infrastructure, municipal and industrial park infrastructure and livelihood services in 10 regions of Hangzhou, Huzhou, Jiaxing, Jinhua, Lishui, Quzhou, Shaoxing, Taizhou, Wenzhou and Zhoushan in Zhejiang Province.
speed up and efficiency gain consensus
From the standpoint of documents issued by various localities, it has become a consensus to promote the speed and efficiency of major project construction.
The 2022 implementation plan of “4 + 1” major project construction plan of Zhejiang Province recently released by Zhejiang Province proposes to promote the acceleration and efficiency of major project construction according to the requirements that the commencement rate of new projects reach more than 30% in the first quarter, more than 60% in the second quarter and more than 85% in the third quarter.
Wuxi Municipal Development and Reform Commission has paid close attention to provincial major projects and municipal major industrial projects of more than 1 billion yuan, continuously promoted the construction of major projects to speed up and increase efficiency, and ensured that all projects listed in the first quarter of the province were started on schedule; The semi annual operating rates of new provincial major projects and municipal major industrial projects reached 85% and 75% respectively, and all projects were started at the end of September.
The relevant person in charge of the national development and Reform Commission said that there were many uncertain factors in the first quarter of this year. We should appropriately move the policy starting point forward, make early arrangements, start early and achieve results, and meet various challenges with a stable economic operation situation. Appropriate and advanced infrastructure investment.
Many infrastructure listed companies have recently won large orders. On the evening of February 17, it was announced that the municipal group, the holding subsidiary of the company, recently received the letter of acceptance of Ningbo public resources trading platform issued by the tenderee Ningbo Ring Expressway connection line Construction Co., Ltd. and the bidding agent Dewei Engineering Management Consulting Co., Ltd. according to the letter of acceptance, Municipal group is the bid winner of bid section II of Century Avenue Expressway (Yongle Road Shahe Interchange) project. The construction site starts from Yongle Road in the South and Shahe interchange of belt Expressway in the north. The bid winning price is 519 million yuan.
