The circular stressed that all provinces, autonomous regions and municipalities directly under the Central Government should constantly deepen their understanding and strengthen their support and guidance; Strengthen project management and coordination services; Strictly control the engineering quality; Promote the long-term healthy development of infrastructure REITs; Strengthen departmental cooperation and policy implementation.
At the same time, the application requirements for real estate investment trusts (REITs) pilot projects in the infrastructure field were issued, which mentioned that the pilot industries include: transportation infrastructure, energy infrastructure, municipal infrastructure, eco-environmental infrastructure, warehousing and logistics infrastructure, park infrastructure, new infrastructure and affordable rental housing.
The basic conditions for standardizing projects in the application requirements are: clear ownership of infrastructure projects, clear scope of assets, legal and compliant land use, transferability of infrastructure projects, maturity and stability of infrastructure projects, asset scale meeting requirements, and sponsors (original obligees) and other participants meeting requirements.
The application requirements also specify the application materials, application procedures, project review content and intermediary agency requirements.