The Ministry of Finance sets up a PPP leading group to solve the multi-head management dilemma

The Deputy Minister of Finance proposed to promote the establishment of a PPP coordination and management agency and explore the establishment of a PPP management agency.

PPP refers to the cooperative relationship between the government and the private sector to provide public products or services.

A few days ago, the National Development and Reform Commission first launched 80 demonstration projects to encourage social capital to enter, covering railways, highways, ports and other transportation infrastructure, as well as a new generation of information infrastructure, oil and gas pipeline networks and gas storage facilities.

According to Jin Yongxiang, general manager of Dayue Consulting Co.

In addition, an environmental protection company that has participated in PPP projects for many times also told reporters: “Due to the complicated approval procedures, companies go to and from local departments such as construction planning, land, environmental protection, water affairs, development and reform, etc.

The current situation of multi-head management of local PPP projects also reflects the confusion of supervision.

Jia Kang, director of the Finance Department of the Ministry of Finance, previously wrote in a special article that the main problems of PPP at present include the lack of specialized management institutions, the supervision of the financial department, and the weak binding force.

Since my country has not yet established a formal legal management of PPP projects, it has only adopted policies and regulations such as "36 Articles" and "New 36 Articles" to guide private capital investment in infrastructure construction.

Wang Baoan once said in relevant training that the Ministry of Finance is the first person responsible for implementing reform measures that "allow social capital to participate in urban infrastructure investment and operation through franchising and other means.

Local governments are also advancing the PPP organizational structure, among which Jiangsu Province has been identified by the Ministry of Finance as one of the provinces to build provincial-level PPP pilot centers.

The PPP work leading group established by the Ministry of Finance this time is headed by Wang Baoan, the Deputy Minister of Finance, and the relevant persons in charge of the Finance Department, the Economic Construction Department, the Legal Affairs Department, the Budget Department, the International Department, and the China Clean Development Mechanism Fund Management Center are members.

According to Wang Shouqing, a professor in the Department of Construction Management of Tsinghua University, the PPP work leadership group is mainly responsible for leading the financial system and PPP-related matters, especially the PPP management center.

Jin Yongxiang also believes that whether this group has been given management functions is a question.

Previously, it was reported that the Legal Work Committee of the National People's Congress has begun to entrust relevant departments to carry out legislative work on the entry of private capital into infrastructure, regulate local governments and PPP project operators in the form of laws, and prevent the former from being changed day by day due to changes in terms of office or historical issues.