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Qingdao and Weihai included in pilot cities of national underground utility tunnel

2016/5/12 16:26:23   source:sdchina.com

  Qingdao city has been chosen as one of the pilot cities of national underground utility tunnel and national sponge city recently, the only city in the second batch that will conduct the two pilots. For the construction of pilot cities, the central government will reward and subsidize as much as 5.4 billion yuan.

  Weihai, another city in Shandong province, was also included in the scope of national underground utility tunnel pilot cities. So far, Shandong province with a total of three cities, Jinan, Qingdao and Weihai, ranks the first in numbers of cities included and pilot cities nationwide.

  The central government will allocate a total of 4.5 billion yuan to support the construction of pilot cities in Jinan, Qingdao and Weihai. In addition, 10 percent of the subsidy will be rewarded to those who’s adoption of the PPP pattern arrive at a certain proportion. Another 10 percent of the subsidy will be given to cities that achieve a good result in the performance evaluation organized by the central government. Finally, the three cities may win an incentive fund and subsidy of as much as 5.4 billion yuan.

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Sponsor:Information Office of Shandong Provincial People’s Government