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Planning and Budget of Lanzhou Rail Transit

According to the construction planning budget, the first phase of Lanzhou Metro Line 1 and Line 2 is about 36 kilometers, with a total investment of 22.922 billion yuan and an average cost of 63 million yuan/kilometer, slightly higher than the international average cost. The total investment of 22.922 billion yuan will be arranged in different proportions from 211 to 22. The provincial and municipal governments attach great importance to the subway construction project in Lanzhou, and determine it as a provincial and municipal construction project. In the project capital of 6.3 billion yuan, the civil air defense construction cost is 1 million yuan, which will be borne by Lanzhou City, and the remaining 6.2 billion yuan will be borne by the provincial and municipal governments, and will be borne by the provincial level and Lanzhou City and District according to the ratio of 4: 6. The provincial finance issued 2.52 billion yuan, and the construction period was calculated as 1 years, with an average annual subsidy of 252 million yuan. The remaining 3.68 billion yuan will be borne by Lanzhou City and the four suburban district governments. According to the proportion of financial resources of Lanzhou municipal and four district governments in the total financial resources in 21, the municipal finance bears 2.236 billion yuan, and the main funding channels are land transfer income and annual budget arrangements; The financial commitment of the four districts is 1.444 billion yuan, including 628 million in Chengguan District, 291 million in Qilihe District, 261 million in Xigu District and 264 million in Anning District. Each investor has issued a capital commitment letter as required to ensure that the capital is in place in full and on time.

after deducting the project capital of 6.3 billion yuan, Lanzhou subway construction fund will still have 16.622 billion yuan to raise. The reporter learned from the Lanzhou Rail Office that according to the Balance Analysis of Financial Funds for Urban Rail Transit Projects in Lanzhou from 21 to 22, the investment available for subway construction is 9.262 billion yuan, and after deducting 3.78 billion yuan of capital (including 1 million yuan of civil air defense construction fees), there are still 5.482 billion yuan, so the remaining 11.14 billion yuan can only be borrowed from banks. After various forms of coordination by the municipal government, nine banks, namely China Development Bank, Industrial and Commercial Bank of China, Agricultural Bank of China, China Bank, China Construction Bank, Bank of Communications, China Merchants Bank, China CITIC Bank and Lanzhou Bank, are interested in participating in the construction of Lanzhou Metro. Lanzhou subway construction adheres to the guidance of government investment, and comprehensively uses various ways such as * * * investment in construction by provinces and cities, land resource conversion, capital operation financing and attracting social capital supplement. The Lanzhou municipal government will inject some high-quality assets into the rail company, so that the rail company can balance part of the funds needed for servicing the principal and interest and operating losses by providing operational services, developing affiliated resources and comprehensively developing land. In addition, according to the Proposal on Raising Funds for Rail Transit Construction Projects put forward by the Municipal Finance Bureau and the Municipal Construction Bureau, its future debt repayment mainly includes the following measures:

Formulating a special investment policy for foreign capital to participate in rail transit, and establishing a matching investment and financing mechanism; Incorporate debt repayment funds and losses into the fiscal budget; Through legislation, formulate the Measures for the Administration of Collection of Lanzhou Rail Transit Construction Funds, set up a special fund for the construction and development of rail transit, and collect a rail transit benefit surcharge from all local merchants engaged in production and business activities in Lanzhou, which can raise 1 million yuan. According to the land planning, the land and underground space resources on both sides of the traffic line, around the station or other areas will be developed. Lanzhou New District, High-tech Zone and Economic Zone will reserve about 5, mu of land for the project construction, which will be developed and operated by the rail company, raising funds of 5-2 billion yuan. Issuing Lanzhou rail transit construction bonds, taking advantage of favorable opportunities and actively striving for it, can raise funds of 3 billion yuan; The short-term or long-term "project loan trust plan" will be issued by means of trust, and Gansu Trust and Investment Company will be entrusted to issue it, which can raise 5 million yuan; Using the capital market to list on the backdoor and issue stocks can raise 1 billion yuan; The rental income of rail communication pipe gallery can raise 1 billion yuan; The issuance of financial products such as medium-term notes can raise 6 billion yuan.