Zhejiang Province: Support transportation investment and financing enterprises at all levels in mergers, acquisitions, restructuring, and listings

Recently, Zhejiang Province issued the “Several Opinions on Deepening the Reform of Railway, Highway, and Airport Investment and Financing,” which proposes promoting the securitization of existing assets. It accelerates the regular issuance of real estate investment trusts (REITs) in the transportation infrastructure sector, and advances asset securitization in a regulated and prudent manner, revitalizing existing assets, freeing up financing space, and raising funds to support new projects that address infrastructure shortfalls, thereby creating a virtuous investment cycle. It encourages transportation investment and financing entities at all levels to reduce their holdings of operational assets through methods such as equity dilution, enhancing their investment and financing capabilities. It promotes the transformation and development of investment and financing entities. It encourages local governments to legally inject high-quality assets, introduce strategic investors, expand and strengthen a number of transportation investment and financing entities, optimize financial structures, improve credit ratings, and comprehensively enhance market-based financing capabilities. It supports transportation investment and financing enterprises at all levels in mergers, acquisitions, restructuring, and listing. (People’s Financial News)