SINGAPORE (Nov 22): HSBC Global Research says it is turning positive on China’s public private partnership (PPP) financing model after its recent visit to the relevant regulators, financial institutions and construction companies.

In a report last Friday, lead analyst Anderson Chow notes how China’s Ministry of Finance (MOF) and National Development and Reform Commission (NDRC) both have a PPP project database containing investment requirements of about RMB12.5 trillion ($2.6 trillion) and RMB6.4 trillion respectively, as at Sept 2016.  

The research house estimates that the potential new PPP project tender in 2017 could hit as high as RMB4 trillion, as compared to RMB 1.6 trillion in 2016. Out of this, RMB2.95 trillion would come from the MOF PPP database, and RMB1 trillion would come from NDRC’s.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook