Land Consolidation and Market Entry Project for Collectively-Owned Construction Land in Hongzhuan Village and Qianfu Village, Rural Revitalization Expo Park, Pidu District

Land Consolidation and Market Entry Project for Collectively-Owned Construction Land in Hongzhuan Village and Qianfu Village, Rural Revitalization Expo Park, Pidu District

  I. Project Name: Land Consolidation and Market Entry Project for Collectively-Owned Construction Land in Hongzhuan Village and Qianfu Village, Rural Revitalization Expo Park, Pidu District

  II. Project Location: Chengdu, Sichuan Province

  3. Total project investment: 300 million yuan

  IV. Loan Approval: In December 2019, the project received loan approval from a policy bank for an amount of 240 million yuan. The construction period is two years, and investment returns are expected to break even on their own.

  V. Project Overview: This project is Sichuan Province’s first collective, commercially-used construction land entry-into-market financing loan project achieved through the concerted cooperation of government, enterprises, and banks. It has effectively facilitated the implementation of collective, commercially-used construction land projects and, in terms of preventing and mitigating local debt risks, fully leveraged lawful, compliant, and institutionalized market-based financing. Not only has it promoted coordinated development between urban and rural areas and effectively boosted the local economy, but it has also enhanced the quality of life and sense of happiness among local residents.