Private Investment in Water Projects

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China Will Encourage Private Investment into Major Water Projects by Offering Investors Special Financial Benefits

The nation will encourage investment by allowing private investors to buy special licenses or take stakes in water projects, Zhang Minglun, deputy head of the investment division under the National Development and Reform Commission, said today at a briefing in Beijing, according to a transcript posted on the website of China.com.cn.

The government plans to prioritize investment support on projects that have private investors by injecting capital and offering subsidies or loans with preferential terms, Zhang said. China will also improve how water project prices are set, he said.

China plans to start construction of 172 major water projects by 2020. Total investment on projects currently being built could amount to about 600 billion yuan ($98 billion), Zhang said.

Source: Bloomberg

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