Provincial Investment Company organized and promoted the implementation of Bank of Jiangsu's 100 billion yuan shed reform fund

　　On September 30, the General Office of the Provincial Government issued the "Measures for the Management of Bank of Jiangsu Reconstruction Fund for Shantytowns (Dangerous and Old Houses) in Jiangsu Province" to further accelerate the renovation of shantytowns in our province and effectively implement the shantytown renovation project to benefit the people, which is of great significance to solving the problem of funding gap for shantytowns in our province.
　　The total scale of the Bank of Jiangsu's shed reform fund is 100 billion yuan. It was authorized by the People's Government of Jiangsu Province to organize and establish the Bank of Jiangsu, and authorized Jiangsu Province Urban and Rural Construction Investment Co., Ltd. to serve as the fund manager. The fund is established in accordance with the government-purchased service model and is mainly used to support projects in Jiangsu Province that are included in national and provincial shantytown renovation plans, including demolition and resettlement housing construction involved in the project, related supporting infrastructure construction and monetary resettlement.
　　In accordance with the requirements of the management measures, Provincial Capital Investment Company is actively working with Bank of Jiangsu to formulate and improve fund application specifications and work processes to provide a strong guarantee for the smooth implementation and safe use of the shanty-reform fund.