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China Development Bank Guangxi Branch opened a "green channel" for the construction of the new western land-sea channel to efficiently guarantee the construction of Guangxi railway
News from this website, reporter Xu Youren, correspondent Sheng Yuxing and Huang Xiaosong reported that recently, the newly built Fangchenggang-Dongxing railway project received 1.79 billion yuan loan support from China Development Bank. With a total investment of 6.183 billion yuan, the project is an important part of the China-Vietnam Railway and a key construction project of the China (Guangxi) Pilot Free Trade Zone to build a gateway port for land-sea connectivity in the west. After the completion of the project, it will further promote the economic ties and cultural exchanges between Guangxi and even the southwest, central and southern regions and ASEAN countries, which is of great significance for making Guangxi a new strategic fulcrum for the opening and development of the southwest, central and southern regions of my country.
In addition to the newly built Fangchenggang-Dongxing railway project, Guangxi Branch of China Development Bank has also supported a number of major railway projects in the western land-sea new corridor, providing a total of 34.268 billion yuan in financial support to achieve full coverage of railway financing in Guangxi. Development finance helps Guangxi railway construction reach a new level.
Taking the construction of the new western land-sea passage as an opportunity, increase the development reserve of major projects. CDB Guangxi Branch took the initiative to communicate with the Development and Reform Commission of the Autonomous Region and the Department of Communications to connect the list of major railway construction projects in the Western Land-Sea New Corridor, to understand the situation one by one according to the maturity of the projects, to formulate financing plans, and to achieve the good effect of "accurate efforts and individual breakthroughs". In 2019, the bank focused on the development of major projects such as the Nanning-Yulin Intercity Railway, the electrification project of the Huaihua-Liuzhou section of the Jiao-Liu Railway, and the new Fangchenggang-Dongxing Railway, with a total investment of nearly 40 billion yuan.
Guangxi Coastal Railway Co., Ltd. is the main passenger and freight transportation enterprise in the Guangxi coastal railway network, and also the main investment and financing entity for the construction of the new western land-sea corridor. In August of this year, the Coastal Railway Company planned to purchase 20 freight locomotives this year in order to further strengthen rail-sea combined transportation and upgrade the collection and distribution functions of coastal railways and ports. There is a partial financing gap. After learning the relevant information, the bank actively designed and planned the financing plan for the purchase of locomotives for the company. The plan was submitted to China National Railway Group Co., Ltd. for approval as the company's key fixed asset investment plan in 2019, and was highly recognized by customers. At the same time, it provided 253 million yuan of financial support for the project, which is also the first railway locomotive purchase loan granted by the bank. It is of great importance to upgrade the collection and distribution functions of Guangxi coastal railways and ports, promote the adjustment of transportation structure, and strengthen rail-sea combined transportation. significance.
In the next step, China Development Bank Guangxi Branch will seize the major opportunities of the "Overall Plan for the New Western Land-Sea Corridor" and the "Outline of Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area", further leverage the advantageous role of development finance in key areas, and increase the development of railway projects. , cooperate with the government of the autonomous region to provide financing services for major projects such as the Nanning-Yulin Intercity Railway, the Huangtong-Baise Railway, and strive to achieve a greater breakthrough in the construction of the Guangxi Railway.
Responsible editor: Yu Jiaxin