2013 Railway Infrastructure Investment will exceed 600 billion yuan

In 2013, railway infrastructure investment will remain high. A number of railway system sources disclosed to reporters that the railway infrastructure investment in 2013 was definitely above 600 billion yuan, and the initial plan was around 630 billion yuan.

According to the relevant plans, the construction investment of 1.33 trillion yuan will be completed in the three years after the “Twelfth Five-Year Plan” and the new line will be put into production for more than 20,000 kilometers. In an interview with a reporter from the Academy of Engineering Academician Wang Mengzhi, the railway infrastructure investment in 2013 was about 630 billion yuan. The chief engineer of a certain subsidiary of China Railway Construction disclosed to reporters that the investment plan and production mileage initially scheduled in 2013 would go beyond 2012.

From a local perspective, the 2013 Yunnan High-Speed ​​Railway project plans to invest 10.7 billion yuan, of which RMB 6.7 billion for the Yungui line and RMB 4 billion for the Shanghai-Kunming special guest, which is much higher than the investment plan of RMB 9.4 billion in 2012.

Railway infrastructure investment has increased substantially. On the one hand, it has achieved the set goals in accordance with the relevant plans, and on the other, it has also been due to increasing construction costs. “The high-speed railway must be repaired, the coal line must be repaired, and provincial capitals must be pulled through. In 2013, the investment in railway infrastructure should be guaranteed to be over 600 billion yuan.” Wang Mengshu said: “The cost of railways, especially high-speed rails, is getting higher and higher. Labor, raw materials and other costs are rising. In addition, the number of bridges and tunnels on the newly built railways has increased. For example, 75% of Chengdu-Lanzhou lines are bridges and tunnels, and the cost is high.

As the Ministry of Railways has exceeded 2 trillion yuan in debt, the financing problem has been a bottleneck in railway construction. In 2013, railway infrastructure investment rushed into the 600 billion yuan mark, and whether funds can be put in place is still the focus of attention.

“The capital problem in 2013 should not be big. After the construction of the high-speed rail, all parties responded well. From the central to the local, from the inside to the outside, there is a wide consensus on accelerating the construction of the railway.” Wang Mengshu said, in addition, the railway It is a public welfare undertaking, but now the central government budget is spending too little on railway construction, causing the Ministry of Railways to have excessive debt. "A reasonable proportion is 40% from the central government, 50% from the Ministry of Railways, and 10% from the local government."

In 2012, after four adjustments, the annual railway construction investment plan was increased from 406 billion yuan to 516 billion yuan, an increase of 110 billion yuan, including financial support of 40 billion yuan, which is a rare force in history. Wang Mengshu said that taking into account the financing difficulties of railway infrastructure, the central government's budget for 2013 may be skewed to the infrastructure of the entire infrastructure and increase the investment in railway infrastructure in the budget.

It is understood that apart from increasing the budget, there are two important measures to ensure that the railway infrastructure funds are in place: First, the “expanded” scope of the levied railway construction fund may be implemented in 2013, and the scope of the levy will be expanded from the State Railway to all The business model of railway transportation enterprises is to increase the income of railway construction funds. Second, railway construction bonds in 2013 are expected to maintain a scale of 150 billion yuan.