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Establishing a Model for the Era of Private Enterprise Railway Investment

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Establishing a Model for the Era of Private Enterprise Railway Investment

  • Categories:Industry news
  • Author:
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  • Time of issue:2019-11-20 09:06
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(Summary description)WarmlycelebratetheofficialopeningofthespecialrailwaylineofSinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProject October23,2019,atimewithhistoricmilestones,withthefirsttrainleavingfromBeihaiTieshangangStationandheadingforSinopecBeihaiRefinery,markingChina'sfirstprivatecompanytoinvestintheBTmodeltobuildaspeciallinefortheBeihaiRailwayFormallyopenedoperationstopromotetheprosperityofBeihai'sindustrialeconomyandtransportation,andtoconnectthecountry'swesternwesternlandandseacorridorwiththeoverallplanningandlayoutoftheBeltandRoadInitiativeasanewstartingpoint.ImplementationoftheNationalDevelopmentandReformCommission,theMinistryofNaturalResources,theMinistryofTransport,theNationalRailwayAdministration,andChinaNationalRailwayGroupCo.,Ltd.[MinistryofReform[2019]No.1445]GuidingOpinionsonAcceleratingtheConstructionofSpecialRailwayLinestoWintheBlueSkyandWhiteCloudsSpacewar. Thefiveministriesandcommissions[DevelopmentandReformFoundation[2019]No.1445]Thekeyrailwaydedicatedlineprojectwillbecompletedin2019-2020.The71stSinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProjectdedicatedrailwaylinewillstartfromthenorthernendofBinhaiRoadatthesouthernendofTieshangangStationinNorthwestGuangxiEnterpetrochemicalrefinery.Themainlinehasatotallengthof3.843kilometers,andtherailwayclassisNationalLevelIV.Thetransportcapacityis32.95milliontonsperyear,andthetotalinvestmentoftheprojectis13,628.5thousandyuan. I.SinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProjectThespecialrailwaylinewasinvestedandconstructedbyGuangxiLuhaiRailwayInvestmentCo.,Ltd.ItisthefirstdomesticspecialrailwaylineinvestedandconstructedusingtheprivatecapitalBTmodel.Thespecialrailwaylinewasofficiallyopenedandputintouse,markingthatthenewthinkingofprivatecapitalparticipatinginrailwayinvestmentandconstructionisinlinewiththenationalmissionofthenewera.Itmadeupforthehistoricalblankofprivateenterprisesparticipatingininvestmentconstructionintherailwayfield,andprivatecapitalhassinceenteredanewperiodofparticipatinginrailwayconstruction. GuangxiLuhaiRailwayInvestmentCo.,Ltd.wasestablishedin2012inNanning,Guangxi.Itismainlyengagedininvestment,financing,construction,design,construction,andsupervisionofrailways,highways,andmunicipalities.Thecompanyhasbeenengagedininvestment,financing,andconstructionmanagementofurbanroads,railway-relatedrailwayconstruction,andspecialrailwayprojectsforindustrialandminingenterprisesformanyyears;ithasparticipatedinmanyrailways,municipalroads,bridgesandtunnelsintheformofBT/EPC/PPP.Investmentandconstructionoftheproject;WiththenationalmasterplanforthenewlandandseacorridorinthewesternpartofthecountryandthestrategicgoalofmakingGuangxiBeibuGulfaninternationalgatewayport,GuangxiLandandSeaRailwayInvestmentCo.,Ltd.facesnewhistoricaldevelopmentopportunitiesandentersanewerawithprivatecapitalNationalBeltandRoadInitiative! 2.Inlinewiththefivenationalministriesandcommissions'GuidingOpinionsonAcceleratingtheConstructionofSpecialRailwayLines,DocumentNo.[2019]No.1445clearlystatesthatspeciallinesareanimportantfacilitytosolvetheproblemofthe"lastmile"ofrailwaytransportation,andtoreduceshortfallsIthasanimportantroletoplayincomprehensivetransportationefficiencyandimproveeconomicandsocialbenefits. Thedifficultiesfacedbyprivatecapitalenteringthe"lastmile"ofrailwayinvestmentareasfollows: 1.Thereisalargedemandforconstructionfundsandfinancingisdifficult; 2.Theprojectconstructioninvolvesmanydepartmentsanditisdifficulttoorganizecommunicationandcoordination; 3.Therearemanyprofessionalfieldsinvolved,andtherearehighrequirementsontheoverallorganizationandmanagementofmultiplespecialtiesandtypesofwork. Themarketspaceandopportunitiesareforenterpriseswithstrength,responsibilityandexperience!Duringtheconstructionofthisspecialrailwaylineproject,GuangxiLuhaiRailwayInvestmentCo.,Ltd.overcomesalldifficulties,meetsdifficulties,andpersistentlycompletesitstasks!Itprovidesasuccessfulcaseandpracticalbasisforopeningupthe"lastmile"ofrailwaytransportation. 3.AftertheopeningofthespecialrailwayofSinopecBeihaiRefineryRailway,theefficiencyofco-constructionandsharingwillbereduced,logisticscostswillbereduced,carbonemissionswillbereduced,thegreendevelopmentleveloftransportationwillbepromoted,anditwillbeimportanttopromotetherapiddevelopmentofthelocaleconomyintheNorthSeaandwinthebattleagainsttheblueskyDecisiondeploymentprovidesademonstration! SinopecBeihaiRefineryOffshoreReconstructionPetrochemicalProjectRailwayDedicatedLineProjectisdestinedtobecomeasuccessfulexampleofdomesticprivateenterprisesparticipatinginrailwayinvestmentandconstruction!Letuswelcomethenewupsurgeofinvestmentandconstructionofspecialrailwaylines!

Establishing a Model for the Era of Private Enterprise Railway Investment

(Summary description)WarmlycelebratetheofficialopeningofthespecialrailwaylineofSinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProject October23,2019,atimewithhistoricmilestones,withthefirsttrainleavingfromBeihaiTieshangangStationandheadingforSinopecBeihaiRefinery,markingChina'sfirstprivatecompanytoinvestintheBTmodeltobuildaspeciallinefortheBeihaiRailwayFormallyopenedoperationstopromotetheprosperityofBeihai'sindustrialeconomyandtransportation,andtoconnectthecountry'swesternwesternlandandseacorridorwiththeoverallplanningandlayoutoftheBeltandRoadInitiativeasanewstartingpoint.ImplementationoftheNationalDevelopmentandReformCommission,theMinistryofNaturalResources,theMinistryofTransport,theNationalRailwayAdministration,andChinaNationalRailwayGroupCo.,Ltd.[MinistryofReform[2019]No.1445]GuidingOpinionsonAcceleratingtheConstructionofSpecialRailwayLinestoWintheBlueSkyandWhiteCloudsSpacewar. Thefiveministriesandcommissions[DevelopmentandReformFoundation[2019]No.1445]Thekeyrailwaydedicatedlineprojectwillbecompletedin2019-2020.The71stSinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProjectdedicatedrailwaylinewillstartfromthenorthernendofBinhaiRoadatthesouthernendofTieshangangStationinNorthwestGuangxiEnterpetrochemicalrefinery.Themainlinehasatotallengthof3.843kilometers,andtherailwayclassisNationalLevelIV.Thetransportcapacityis32.95milliontonsperyear,andthetotalinvestmentoftheprojectis13,628.5thousandyuan. I.SinopecBeihaiRefineryOff-siteReconstructionPetrochemicalProjectThespecialrailwaylinewasinvestedandconstructedbyGuangxiLuhaiRailwayInvestmentCo.,Ltd.ItisthefirstdomesticspecialrailwaylineinvestedandconstructedusingtheprivatecapitalBTmodel.Thespecialrailwaylinewasofficiallyopenedandputintouse,markingthatthenewthinkingofprivatecapitalparticipatinginrailwayinvestmentandconstructionisinlinewiththenationalmissionofthenewera.Itmadeupforthehistoricalblankofprivateenterprisesparticipatingininvestmentconstructionintherailwayfield,andprivatecapitalhassinceenteredanewperiodofparticipatinginrailwayconstruction. GuangxiLuhaiRailwayInvestmentCo.,Ltd.wasestablishedin2012inNanning,Guangxi.Itismainlyengagedininvestment,financing,construction,design,construction,andsupervisionofrailways,highways,andmunicipalities.Thecompanyhasbeenengagedininvestment,financing,andconstructionmanagementofurbanroads,railway-relatedrailwayconstruction,andspecialrailwayprojectsforindustrialandminingenterprisesformanyyears;ithasparticipatedinmanyrailways,municipalroads,bridgesandtunnelsintheformofBT/EPC/PPP.Investmentandconstructionoftheproject;WiththenationalmasterplanforthenewlandandseacorridorinthewesternpartofthecountryandthestrategicgoalofmakingGuangxiBeibuGulfaninternationalgatewayport,GuangxiLandandSeaRailwayInvestmentCo.,Ltd.facesnewhistoricaldevelopmentopportunitiesandentersanewerawithprivatecapitalNationalBeltandRoadInitiative! 2.Inlinewiththefivenationalministriesandcommissions'GuidingOpinionsonAcceleratingtheConstructionofSpecialRailwayLines,DocumentNo.[2019]No.1445clearlystatesthatspeciallinesareanimportantfacilitytosolvetheproblemofthe"lastmile"ofrailwaytransportation,andtoreduceshortfallsIthasanimportantroletoplayincomprehensivetransportationefficiencyandimproveeconomicandsocialbenefits. Thedifficultiesfacedbyprivatecapitalenteringthe"lastmile"ofrailwayinvestmentareasfollows: 1.Thereisalargedemandforconstructionfundsandfinancingisdifficult; 2.Theprojectconstructioninvolvesmanydepartmentsanditisdifficulttoorganizecommunicationandcoordination; 3.Therearemanyprofessionalfieldsinvolved,andtherearehighrequirementsontheoverallorganizationandmanagementofmultiplespecialtiesandtypesofwork. Themarketspaceandopportunitiesareforenterpriseswithstrength,responsibilityandexperience!Duringtheconstructionofthisspecialrailwaylineproject,GuangxiLuhaiRailwayInvestmentCo.,Ltd.overcomesalldifficulties,meetsdifficulties,andpersistentlycompletesitstasks!Itprovidesasuccessfulcaseandpracticalbasisforopeningupthe"lastmile"ofrailwaytransportation. 3.AftertheopeningofthespecialrailwayofSinopecBeihaiRefineryRailway,theefficiencyofco-constructionandsharingwillbereduced,logisticscostswillbereduced,carbonemissionswillbereduced,thegreendevelopmentleveloftransportationwillbepromoted,anditwillbeimportanttopromotetherapiddevelopmentofthelocaleconomyintheNorthSeaandwinthebattleagainsttheblueskyDecisiondeploymentprovidesademonstration! SinopecBeihaiRefineryOffshoreReconstructionPetrochemicalProjectRailwayDedicatedLineProjectisdestinedtobecomeasuccessfulexampleofdomesticprivateenterprisesparticipatinginrailwayinvestmentandconstruction!Letuswelcomethenewupsurgeofinvestmentandconstructionofspecialrailwaylines!

  • Categories:Industry news
  • Author:
  • Origin:
  • Time of issue:2019-11-20 09:06
  • Views:
Information

Warmly celebrate the official opening of the special railway line of Sinopec Beihai Refinery Off-site Reconstruction Petrochemical Project

 

October 23, 2019, a time with historic milestones, with the first train leaving from Beihai Tieshangang Station and heading for Sinopec Beihai Refinery, marking China's first private company to invest in the BT model to build a special line for the Beihai Railway Formally opened operations to promote the prosperity of Beihai's industrial economy and transportation, and to connect the country's western western land and sea corridor with the overall planning and layout of the Belt and Road Initiative as a new starting point. Implementation of the National Development and Reform Commission, the Ministry of Natural Resources, the Ministry of Transport, the National Railway Administration, and China National Railway Group Co., Ltd. [Ministry of Reform [2019] No. 1445] Guiding Opinions on Accelerating the Construction of Special Railway Lines to Win the Blue Sky and White Clouds Space war.

 

The five ministries and commissions [Development and Reform Foundation [2019] No. 1445] The key railway dedicated line project will be completed in 2019-2020. The 71st Sinopec Beihai Refinery Off-site Reconstruction Petrochemical Project dedicated railway line will start from the northern end of Binhai Road at the southern end of Tieshangang Station in Northwest Guangxi Enter petrochemical refinery. The main line has a total length of 3.843 kilometers, and the railway class is National Level IV. The transport capacity is 32.95 million tons per year, and the total investment of the project is 13,628.5 thousand yuan.

 

I. Sinopec Beihai Refinery Off-site Reconstruction Petrochemical Project The special railway line was invested and constructed by Guangxi Luhai Railway Investment Co., Ltd. It is the first domestic special railway line invested and constructed using the private capital BT model. The special railway line was officially opened and put into use, marking that the new thinking of private capital participating in railway investment and construction is in line with the national mission of the new era. It made up for the historical blank of private enterprises participating in investment construction in the railway field, and private capital has since entered a new period of participating in railway construction.

 

Guangxi Luhai Railway Investment Co., Ltd. was established in 2012 in Nanning, Guangxi. It is mainly engaged in investment, financing, construction, design, construction, and supervision of railways, highways, and municipalities. The company has been engaged in investment, financing, and construction management of urban roads, railway-related railway construction, and special railway projects for industrial and mining enterprises for many years; it has participated in many railways, municipal roads, bridges and tunnels in the form of BT / EPC / PPP. Investment and construction of the project; With the national master plan for the new land and sea corridor in the western part of the country and the strategic goal of making Guangxi Beibu Gulf an international gateway port, Guangxi Land and Sea Railway Investment Co., Ltd. faces new historical development opportunities and enters a new era with private capital National Belt and Road Initiative!

 

2. In line with the five national ministries and commissions' Guiding Opinions on Accelerating the Construction of Special Railway Lines, Document No. [2019] No. 1445 clearly states that special lines are an important facility to solve the problem of the "last mile" of railway transportation, and to reduce shortfalls It has an important role to play in comprehensive transportation efficiency and improve economic and social benefits.

 

The difficulties faced by private capital entering the "last mile" of railway investment are as follows:

 

1. There is a large demand for construction funds and financing is difficult;

 

2. The project construction involves many departments and it is difficult to organize communication and coordination;

 

3. There are many professional fields involved, and there are high requirements on the overall organization and management of multiple specialties and types of work.

 

The market space and opportunities are for enterprises with strength, responsibility and experience! During the construction of this special railway line project, Guangxi Luhai Railway Investment Co., Ltd. overcomes all difficulties, meets difficulties, and persistently completes its tasks! It provides a successful case and practical basis for opening up the "last mile" of railway transportation.

 

3. After the opening of the special railway of Sinopec Beihai Refinery Railway, the efficiency of co-construction and sharing will be reduced, logistics costs will be reduced, carbon emissions will be reduced, the green development level of transportation will be promoted, and it will be important to promote the rapid development of the local economy in the North Sea and win the battle against the blue sky Decision deployment provides a demonstration!

 

Sinopec Beihai Refinery Offshore Reconstruction Petrochemical Project Railway Dedicated Line Project is destined to become a successful example of domestic private enterprises participating in railway investment and construction! Let us welcome the new upsurge of investment and construction of special railway lines!

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