the Rabbit, there was an upsurge of construction of major projects all over the country.
According to incomplete statistics, on January 28 and 29, many major projects were centralized, with a total of more than 3900 projects and a total investment of more than 4.1 trillion yuan.
Data show that after the Central Economic Work Conference at the end of 2022, investment expansion has been taken as an important driving force to promote the overall improvement of economic operation, and accelerating the construction of major projects has become a "necessary option" for all regions to face the pressure of short-term stable growth of economic development.
From the point of view of public statements in various places, grasping projects, promoting investment and steady growth have become key words, and many places have expressed their efforts to achieve a "good start" in the first quarter. Among the numerous projects started around the country, infrastructure construction is still the "big head".
According to China Cement Network, on the first day of the resumption of work after the festival, Xiongan New Area held a centralized start-up of key projects in the first quarter of 2023, with 43 projects, with a total investment of 41.6 billion yuan, covering infrastructure, public services, smart cities and other aspects.
On the same day, 67 projects were started in Baoji City, Shaanxi Province, with a total investment of 41.7 billion yuan, and the infrastructure sector was also "taking the lead".
In terms of infrastructure, some professionals predict that there is great potential for investment growth this year and in the future. Infrastructure investment in the first half of this year will remain an important starting point for steady growth, and infrastructure investment is expected to maintain a high level of prosperity throughout the year. If the follow-up fund support of the project is in place in time, it can form a sustained support for infrastructure investment.
China Cement Network has learned that Shanghai has made it clear that it should make good use of national policy-oriented development financial instruments (funds), special bonds, medium and long-term loans for manufacturing industry, infrastructure REITs and other investment policies and tools to speed up the issuance and use of local government special bonds in 2023, and do a good job in the reserve and declaration of key projects.
Henan also proposes to make good use of all kinds of policy funds, such as government special bonds, central budget investment and policy-oriented development financial instruments, to concentrate on supporting the rapid construction and early commissioning of major projects that meet the requirements, so as to bring investment benefits into play as soon as possible. With the help of
capital, infrastructure investment is expected to maintain a relatively high growth rate. Some professionals predict that the total investment in infrastructure projects driven by policy-oriented development financial instruments will reach 7 trillion to 9 trillion yuan, mainly in traditional infrastructure. As one of the basic building materials,
cement is a necessity for engineering construction, and the development of infrastructure will effectively stimulate the demand for cement. Different from new infrastructure construction such as 5G base stations, the construction of traditional infrastructure can more effectively boost the recovery of cement demand.
In this regard, some cement enterprises expressed the same view.
Tapai Group recently said on the interactive platform for investors that the downstream of cement is mainly divided into three parts: infrastructure, real estate and new rural construction. As an important part of steady growth, key projects are expected to boost cement demand to a certain extent.