China News Service, Hangzhou, December 29 (Huang Hui, Su Zhimin, Qian Zhenxiao) On December 29, the signing ceremony of the Zhejiang Provincial Transportation Group's "Concentrate on Development and Build a Common Prosperity Road" project and the establishment of the 20th Zhejiang Provincial Transportation Group The anniversary meeting was held in Hangzhou, Zhejiang.
24 major cooperation projects were signed on-site, with a total investment of 104.9 billion yuan (RMB, the same below). Zhejiang Transportation Group became the provincial state-owned enterprise with the largest amount of contract signings for a single cooperation project in Zhejiang.
At the event site, the Ningbo Zhoushan Port Main Passage Project announced the completion of the entire line.
As a major strategic island connection project in the Yangtze River Delta, this project is China’s longest inter-island expressway and the largest sea-crossing bridge group, which will promote the construction of a powerful marine province in Zhejiang, promote the Yangtze River Delta economic circle and the Zhejiang Free Trade Pilot Zone The interconnection and intercommunication is of great significance.
According to Liu Zhihao, general manager of the Strategic Development and Legal Affairs Department of Zhejiang Transportation Group, the 24 projects signed this time cover strategic projects such as serving common prosperity, integrated development of the Yangtze River Delta region, digital economy, and transportation investment and financing mechanism innovation.
“The partners of the cooperation include not only the local governments of 6 cities and counties in Zhejiang’s mountainous areas and islands, but also 10 large central enterprises and provincial and municipal state-owned enterprises, 6 private and foreign-funded enterprises, and 8 major financial institutions,” said Liu Zhihao.
Zhejiang's high-quality development and construction of a common prosperity demonstration zone, focusing on 26 counties in the mountainous area.
It is reported that during the "14th Five-Year Plan" period, Zhejiang Transportation Group plans to complete the investment of more than 500 billion yuan in transportation infrastructure to ensure that more than 700 kilometers of new and expanded expressways and more than 1,100 kilometers of new railways are built. More and more major projects are going deep. 26 counties in the mountainous area of Zhejiang.
The scene of the signing ceremony.
Photo by Su Zhimin
"This time, a total of 69.1 billion yuan in cooperation projects are related to mountainous islands in Zhejiang Province, accounting for two-thirds of the total amount." Liu Zhihao revealed that boosting the development of mountainous areas and island counties is the focus of this expansion of cooperation.
Among them, Zhejiang Transportation Group, Quzhou and Lishui will cooperate in all aspects, and will accelerate the implementation of major transportation projects, transportation industry, and financial services in mountainous counties through government promotion and market operation.
To build a road of mutual prosperity, innovative investment and financing is the key.
At the signing ceremony, Zhejiang Transportation Group signed a financing cooperation with 8 financial institutions amounting to 70.6 billion yuan.
Among them, Zhejiang Transportation Group and China Development Bank Zhejiang Branch will jointly set up 50 billion yuan of special financing for common prosperity during the "14th Five-Year Plan" period, which will be mainly used for the construction of transportation infrastructure in 26 counties in the mountainous areas of Zhejiang Province.
It is understood that since its establishment 20 years ago, Zhejiang Transportation Group has invested more than 600 billion yuan in transportation infrastructure and participated in the construction of 3,313 kilometers of expressways and 2,551 kilometers of railways in Zhejiang Province.
The group's total assets and net assets have grown from 24.2 billion yuan and 16.2 billion yuan at the end of 2001 to 710.3 billion yuan and 220.5 billion yuan at the end of November 2021, an increase of 28.3 times and 12.6 times respectively.
Yu Zhihong, Secretary of the Party Committee and Chairman of Zhejiang Transportation Group, said that as the main platform for comprehensive transportation investment and financing and the main force of construction in Zhejiang Province, Zhejiang Transportation Group is strengthening and improving its "one body and two wings" business, and strives to become a governance and control capability. The nation's leading comprehensive transportation industry investment and development group with industrial management and capital operation capabilities has made "trading contributions" for high-quality development and construction of a common prosperity demonstration zone.
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