PPP infra to receive private money

The first public-private partnership securitization programs for infrastructure projects will go into operation soon, Zhang Xiaojun, spokesman of the China Securities Regulatory Commission, said on Friday.

The nine projects include transportation infrastructure, water utilities, waste disposal, and industrial park development, according to Zhang.

Analysts said that this marks the point China officially starts to use the PPP model to leverage private resources to develop public utilities, a measure that will benefit both the capital market and social development.