Hechi completes $7.68b of investment in major projects in 10 months

Hechi has introduced and implemented a series of initiatives in recent years, such as its "major project construction implementation program", to accelerate the construction of major projects and promote investment.

From January to October, Hechi's major projects saw a cumulative investment of 55.21 billion yuan ($7.68 billion), a completion rate of 113.9 percent, and a year-on-year increase of 18.68 percent.

Some major projects, including the Nandan to Tian'e Xialao Expressway, the Guangxi section of the Pingtang to Tian'e Expressway, and the Tian'e via Fengshan to Bama section of the Tian'e-Beihai Expressway, welcomed investment of 6.26 billion yuan, 5.27 billion yuan, and 9.21 billion yuan, respectively, giving the city's fixed asset investment a huge boost.

Hechi has been actively working on scores of projects this year. The city has already embarked on 94 major projects, with an 81 percent start-up rate; among them, 21 at the autonomous region level were started, exceeding the annual target ahead of schedule.

Hechi has also helped enterprises raise 4.27 billion yuan in financing for major projects, setting a new record.

The Nandan-Tian'e Xialao Expressway is shown under construction. [Photo/ Hechi Daily]