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Conference for 2017 Investment Plan on Construction Projects Held in Huai'an
Time:2017-02-27


The press conference for the 2017 investment plan on the construction projects in Huai'an was held on Feb 24.

It is reported that Huai'an will invest 220 major projects, with a gross investment of 410.7 billion yuan (60.4 billion US dollars), up 13% over the previous year. The planned investment for 2017 is 117.6 billion yuan (17.3 billion US dollars), up 10% year on year. Specifically, there are 96 projects with a gross investment of less than 500 million yuan (74 million US dollars), 41 projects with a gross investment of 500 million to 1 billion yuan (74-148 million US dollars), and 83 projects with a gross investment of more than 1 billion yuan (147 million US dollars), according to sources.

The municipal government of Huai'an issued the "2017 Investment Plan for Municipal Government". The Plan includes 105 investment projects of various municipal governments, with a gross investment of 83.9 billion yuan (12.3 billion US dollars). The planned investment for 2017 is 30.5 billion yuan (4.5 billion US dollars), and the municipal pooled fund is 25.6 billion yuan (3.8 billion US dollars), which includes the projects carried down from the previous year, the projects implemented in the current year, as well as the projects pushed forward in the current year.

Source:jschina.com.cn