Provincial Capital Investment Company submitted a loan application for the second phase of shantytown (dilapidated houses) renovation project in Jiangsu Province from 2013 to 2017 to CDB

　　In accordance with the unified deployment of the Jiangsu Province Government's June 30 promotion meeting for investment and financing work of shanty-reform, the special fund loans of the local shanty-reform Development Bank in 2015 will continue to implement the investment and financing model of "unified rating, unified credit granting, unified borrowing and unified repayment".
　　For the second phase of the shed reform project (newly started in 2015), the Jiangsu Province Department of Housing and Urban-Rural Development and the Jiangsu Province Branch of the China Development Bank have arranged a provincial unified loan plan totaling 21.615 billion yuan, involving 19 cities and counties including Zhenjiang, Danyang, Yangzhou, Jintan, Xinyi, Pei County, Suining, Siyang, Hongze, Lianyungang, Guannan, Guanyun, Yancheng, Jianhu, Funing, Sheyang, Nantong, Rugao and Taixing.
　　Within the scope of the project plan, Jiangsu Province Urban Investment Company signed the "Entrusted Construction Agreement" and the "Entrusted Construction Management Agreement" with the Provincial Department of Housing and Construction and relevant city and county governments respectively. CJI Company signed "Cooperation Agreements" with 19 city and county governments for the renovation of shantytowns (dilapidated houses).
　　On July 24, after obtaining approval from the Provincial Development and Reform Commission, Provincial Capital Investment Company officially submitted a loan credit application of 21.615 billion yuan for special funds for shantytown reform and unified loans to CDB, and complied with the "China Development Bank's shantytown reform and unified loans Special Fund Application Work Specifications" requirements, fulfill the functions of a provincial unified loan platform, promote the implementation of the second phase of Jiangsu Province's shantytown (dilapidated houses) renovation project from 2013 to 2017, and ensure the smooth progress of loan application work.