China announces PPP for $318B projects

FXStreet (Mumbai) - China's National Development and Reform Commission (NDRC) published on Monday 1,043 proposals worth 1.97 trillion Yuan or $317.75 billion that will be done as public-private partnerships (PPP).

As China's economic growth is slowing, the government is increasingly turning to a sparingly used PPP model to bridge an opening funding gap.

The NDRC announced on its website, "The publication of this library of PPP projects is to help speed up the adoption of the PPP model, and to encourage and guide social capital into the provinces, autonomous regions and municipalities."