The National Development and Reform Commission regulates the management of investment in the central

Mondo Finance Updated on 2024-02-11

Xinhua News Agency, Beijing, February 11 (Reporter Yan Fujing) The National Development and Reform Commission recently announced that in order to further standardize the management of investment within the budget of railway projects, give full play to the efficiency of the use of funds, and promote the construction of railway projects, the "Special Management Measures for Budgetary Investment in Railway Projects" was issued.

The measures are clear, in accordance with the principle of paying equal attention to passengers and freight, and simultaneous construction, reconstruction and expansion, to support the trunk railway projects that unblock the backbone passages in the central and western regions and the northeast and strengthen the national defense support of the frontiers; support for intercity railway projects such as Beijing-Tianjin-Hebei; supporting rail freight capacity enhancement projects; Support the upgrading and transformation of China-Europe railway infrastructure and the expansion and transformation of key railway ports. The scope of support for trunk railways includes the central and western regions and the northeast region, as well as the ** Soviet region, the relevant counties and cities in the old revolutionary base area, and the underdeveloped areas that clearly enjoy the support policies of the central and western regions.

In terms of funding arrangements, the measures propose that the National Development and Reform Commission has committed to investment and clarified the investment amount of the project when the feasibility study is approved, in principle, in accordance with the upper limit of the commitment amount, combined with the annual investment plan and the progress of the project construction, and reasonably arrange the annual investment plan within the budget. The National Development and Reform Commission has promised to invest in the feasibility study when it is approved, but the investment amount has not been specified, and the investment plan within the budget will be reasonably arranged in combination with the progress of the project.

*: Xinhuanet).

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