<p> as of now, Yunnan secondary roads debt is 116.874 billion yuan. After the government to cancel secondary roads repayment charges.</p>
<p> less than Guizhou, Sichuan, Guangxi and other provinces charges."This is a direct result of the overall highway operating losses." According to statistics, the year 2014, the province's toll road toll revenue was 10.467 billion yuan, the total expenditure of 14.855 billion yuan, 4.388 billion yuan funding gap.Arduous task of building, development difficultiesIt is reported that, as of the end of 2014, the province's toll highway mileage of 3645.8 kilometers, accounting for 230,400 km total mileage of 1.58%. Accordance with the "five" plan.</p>
<p> in 2020 to break Yunnan highway mileage 6000 km, is currently under construction have 1973 km, with a total investment of about 233.4 billion yuan.Currently, 2012 before the completion of the asset-liability ratio of 31 business highway 10 business entities generally higher rates of assets and liabilities of the past three years at around 75%. Higher debt ratio, coupled with low fees, resulting in difficulty to the banks for loans to increase, unable to bear the task of building more new motorway.Transportation department official said, need to be given the necessary policy support, reducing asset-liability ratio of business entities, and enhance investment and financing capacity, investment and construction of the main body so that the province can undertake the task of building more new expressways; attract more Foreign corporate and central enterprises to invest in our province expressway projects, raise funds for construction, highway construction projects to ensure the smooth progress of the province.Tax reform, funding difficultiesThe official also believes that in 2014, requires the establishment of a central issuance of documentation "borrowing, use, and" local government debt management mechanisms unity, have a significant and far-reaching impact on the Yunnan current investment and financing system. "At present, government financing platform for the company may not be new government debt, government financing platform for Yunnan by construction loans have not been implemented in the construction of new highway projects and future projects a greater impact."2015.</p>
<p> the provincial government for the Ministry of Finance allocated to the Yunnan government bonds issued in the amount of 12.4 billion yuan, accounting for 3.10% issued, the province from which arranged for highway construction is 800 million yuan, accounting for 6.45% of the issued amount, only 1.90% annual highway investment objectives, financial situation Yunnan highway is very grim.Investment income poor, difficult to attract investmentThe official, market-oriented enterprises, especially high levels of business investment in highway projects, the purpose is to obtain a reasonable return.However, the relatively high level of economic development in Central Area, most highways have been built in 2012 before the opening, adjust fees without reference to the new pricing mechanism, since the charges do not fit with their investment costs, operating losses, more talk does not have reasonable return on investment,hogan uomo, investment unattractive, can not use PPP model transformation, highway operation rights transfer, lease financing and other ways to raise funds for financing to ease the business difficulties to raise funding new projects, resulting in Yunnan highway can not be achieved a virtuous cycle of development.Government limited financial resources, difficulty subsidy"Yunnan secondary roads huge debt pressure, the project construction and project capital gap large gap operators benefit rate increase this reason is the high fees." The official said.Reporters learned that.</p>
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