China Looks For Private Partners For Infrastructure Projects

 

 

The NDRC's website gives a list of the projects, broken down by region.

 

The list of projects varies from sewage treatment plants in Dalian in the north east of China to rail and road projects in Xinjiang Uyghur autonomous region in the north west.

 

The NDRC is a central planning agency that "formulates and implements national economic and social development, annual plans and medium and long-term development plans", according to its website.

 

In April, China announced that it would allow private investment in broadband services, and also that it would open its bank card clearing market to foreign firms.

 

The country also said last month that it would use its foreign exchange reservesto inject at least USD 62bn in capital into three "policy banks" to support the country's 'belt and road' economic plan.

 

For further information, please contact:

 

Richard Laudy, Partner, Pinsent Masons

richard.laudy@pinsentmasons.com

 

Nick Ogden, Partner, Pinsent Masons

nick.ogden@pinsentmasons.com