Home News World Jiangsu government-bank cooperation promotes the transformation of old communities

Jiangsu government-bank cooperation promotes the transformation of old communities

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On April 19, the Department of Housing and Urban-Rural Development of Jiangsu Province, Jiangsu Branch of China Development Bank and Jiangsu Branch of Agricultural Development Bank held an urban renewal (old community renovation) government-bank cooperation promotion meeting and a framework cooperation agreement signing ceremony.

The relevant person in charge of the Department of Housing and Urban-Rural Development of Jiangsu Province said that they will earnestly implement the agreement and actively promote the positive interaction between local construction and policy and financial operations. According to reports, the contracting parties mainly strengthen cooperation in areas such as the transformation of old communities, new urbanization, urban renewal, construction of beautiful and livable cities, urban ecological restoration and functional improvement, historical and cultural protection and urban style shaping, and give full play to the policy. The unique advantages of financial institutions in the field of medium and long-term investment and financing are to make good use of development funds with long maturities, large quotas and preferential interest rates to increase financial support. Provide support for projects included in the major project library in terms of policies, products, funds, resources, etc., provide project consulting, financing planning, credit resources, green channels and other preferential policies to fully protect the province’s key areas of urban construction and major project financing needs , To jointly promote the high-quality development of Jiangsu’s urban construction and take the lead in the country.

It is reported that Jiangsu Province will renovate 1,130 old towns and cities this year, with a total of 16,000 buildings and a construction area of ​​about 38 million square meters, benefiting about 428,000 urban households. The planned investment is about 13.9 billion yuan. By the end of the first quarter, the province had started construction of 133 old community renovation projects, with an operating rate of 11.8%. The other 997 projects were under preparation for mass work and formalities.

In recent years, the housing and urban-rural construction departments in various parts of Jiangsu Province have conscientiously implemented the national strategic deployment, under the leadership of the local party committee and government, comprehensively promoted the transformation of old urban communities. The number of renovation projects has increased and the construction funds required have increased significantly. However, the current source of renovation funds is single. Still facing difficulties in financing. As national policy banks, the China Development Bank and Agricultural Development Bank rely on their advanced business concepts, high-quality financial services, strong innovation capabilities and strong financing support to renew the city, construct affordable housing projects, and renovate rural houses in northern Jiangsu. , Urban-rural integration development and other fields have unique advantages. Through the holding of government-bank cooperation promotion conferences, we will build an exchange platform to further promote exchanges and cooperation between the government and banks. With the help of policy-based financial forces, we will provide Jiangsu Province with comprehensive, high-quality and efficient financial services. Efforts to promote the implementation and implementation of the government’s livelihood.

China Building Materials News reporter: Zhang Lingling

Editor in charge: Liu Xuan and Jiang Chenyu

Proofreading: Hexinlong

Supervision: Menghua

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