Hohhot confirms 1,100 key projects for 2023
Hohhot, capital city of North China's Inner Mongolia autonomous region, has confirmed to implement 1,100 key projects within the current year, with an annual planned investment of 128.4 billion yuan ($18.7 billion), according to Inner Mongolia Daily.
Among the projects, there are 519 major projects at the autonomous region level, with a total investment of 538.3 billion yuan.
There are 30 major projects worth more than 5 billion yuan each, with an annual planned investment of 33.7 billion yuan, and 154 major projects worth 1 billion yuan each, with an annual planned investment of 67.2 billion yuan.
The city has implemented measures, and determined that the fixed-asset investment target for the first quarter of 2023 has already reached more than 8 billion yuan, an increase of some 20 percent year-on-year.
For the 114 projects that are currently under construction, relevant departments have conducted on-site research and coordination services. For the 397 projects that are expected to resume work in February and March, Hohhot will ensure the early stages of the projects run smoothly, and that their service guarantees such as labor, materials, and funding go as planned.
It is estimated that 210 major projects at the autonomous region level will begin or resume construction work by the end of March.
Data shows that in 2022, Hohhot implemented a total of 1,055 key projects, with an investment of 115.8 billion yuan. Among them, the 503 major projects listed in the autonomous region have completed a total investment of 94 billion yuan, completing their annual planned tasks two months ahead of schedule.