Provincial Capital Investment Company completes the first batch of investment plan of the Bank of Jiangsu Shed Reform Fund in 2016

  Recently, Provincial Capital Investment Company, in conjunction with Bank of Jiangsu, conducted preliminary review and due diligence on the application materials such as the implementation plan of the shed reform project in Funing County and other cities (counties, districts) in accordance with the "Code for the Management of Bank of Jiangsu Shed Reform Funds","Code for the Application and Approval of Bank of Jiangsu Shed Reform Funds" and other documents as well as applications from various cities and counties. After evaluation by experts from the Provincial Capital Investment Company, review and approval by the Jiangsu Bank Loan Committee, and approval by the Suyincheng Investment Shack Reform Fund Investment Decision Committee and other working procedures, the Provincial Capital Investment Company signed the "Government Purchase of Shantytown Renovation Services Agreement" with relevant cities, counties and districts. Provincial Capital Investment Company plans to invest a total of 8.018 million yuan in the Bank of Jiangsu shed reform fund, of which 2.886 million yuan will be in Funing County. Huaian District of Huaian City is 1.158 million yuan, and Jurong City is 1.441 million yuan. 450 million yuan in Siyang County, 1.683 million yuan in Hongze County, 400 million yuan in Jiawang District, Xuzhou City.