-+ 0.00%
-+ 0.00%
-+ 0.00%

The General Office of the People's Government of Yunnan Province issued the “Implementation Plan to Regulate the Construction and Operation of Stock Projects for Government and Social Capital Cooperation”. Among them, it is mentioned that project investigation and identification will be carried out comprehensively. Governments at all levels should sort out PPP inventory projects one by one and accurately identify the nature of the projects. Projects that do not have the core elements of the PPP model should be fully verified, audited in strict accordance with procedures, and then converted into direct government investment projects according to law and regulations. For projects with the core elements of the PPP model, it is necessary to carry out dynamic risk assessments, investigate risks in key areas such as construction, contract performance, and performance evaluation, accurately portray them, and classify and label according to the degree of risk, establish classification management accounts, prepare “one project, one policy” processing plan, clarify timetables and roadmaps, and effectively promote risk mitigation. In principle, the PPP model will no longer be implemented for projects that have not started before the end of 2024. At the same time, increase financial support. Governments at all levels should include government expenditure responsibilities such as operating subsidies in budget management, reasonably determine guarantee sequences, strictly implement expenditure plans, and must not misappropriate budget funds originally used for PPP stock projects or change the use of funds without permission. For eligible projects under construction, funds such as general bonds and special bonds can be used for government expenses in the construction costs of PPP stock projects in accordance with the procedures. For projects already in operation, funds from relevant local government special bonds can be used to handle social capital in an orderly manner to advance construction costs.

Zhitongcaijing·12/10/2025 02:57:04
Listen to the news
The General Office of the People's Government of Yunnan Province issued the “Implementation Plan to Regulate the Construction and Operation of Stock Projects for Government and Social Capital Cooperation”. Among them, it is mentioned that project investigation and identification will be carried out comprehensively. Governments at all levels should sort out PPP inventory projects one by one and accurately identify the nature of the projects. Projects that do not have the core elements of the PPP model should be fully verified, audited in strict accordance with procedures, and then converted into direct government investment projects according to law and regulations. For projects with the core elements of the PPP model, it is necessary to carry out dynamic risk assessments, investigate risks in key areas such as construction, contract performance, and performance evaluation, accurately portray them, and classify and label according to the degree of risk, establish classification management accounts, prepare “one project, one policy” processing plan, clarify timetables and roadmaps, and effectively promote risk mitigation. In principle, the PPP model will no longer be implemented for projects that have not started before the end of 2024. At the same time, increase financial support. Governments at all levels should include government expenditure responsibilities such as operating subsidies in budget management, reasonably determine guarantee sequences, strictly implement expenditure plans, and must not misappropriate budget funds originally used for PPP stock projects or change the use of funds without permission. For eligible projects under construction, funds such as general bonds and special bonds can be used for government expenses in the construction costs of PPP stock projects in accordance with the procedures. For projects already in operation, funds from relevant local government special bonds can be used to handle social capital in an orderly manner to advance construction costs.