Project Implementation:
In an urban infrastructure construction project, Hoyo can establish a public-private partnership with the government and a third party with whom the project will be operated jointly, whilst Hoyo guarantees the project implementation according to the contract rights and obligations.
Cooperation Model:
There are several ways to achieve this model:
For a new infrastructure project, we can invest in it together with the government.
For completed projects, we can participate in cooperation by means of a share purchase.
Operating Period:
The operating period of this mode depends on the agreement between cooperation parties.
Strength:
The government is removed from direct work, becoming the regulators instead of the participators.
Private capital participation in municipal construction reduces the financial burden and improves the efficiency;
service optimization whilst reducing costs and improving the project management level.
Description:
The government and the enterprise jointly own the urban infrastructure;
The government and the enterprise share the social responsibility and duties;
The government and the enterprise concerned shall be responsible for the operation and maintenance work of the project;
Applicable Project:
Energy Management Controller. The costs of the project are covered over a period of time by the savings made from the reduced energy usage.