East China's Shandong provincial government had released 738 Public-Private Partnership (PPP) projects requiring a total investment of about 700 billion yuan as of the end of November.
These projects involve multiple fields including transportation, municipal engineering, water utilities, agriculture, environmental treatment and medical care. Shandong has set up a PPP development fund capitalized at 120 billion yuan.
The government has also planned to allocate 100 million yuan of fiscal funding to reward well-operated projects, according to the local government.
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