In light in EC-Link Project’s actions to support Chinese municipalities in developing municipal green finance projects; EC-Link performed a mission in Zhuzhou meant to mainly perform a pre-investigation and information collection relevant information on local projects so to develop an assessment useful to support Zhuzhou municipality in developing green finance projects.
Zhuzhou Local HURD in particular presented to EC-Link Projects two projects’ proposal.
1. An energy station project proposed by CECEP Zhuzhou urban energy conservation Co, Ltd under the CECEP group. The project is designed to provide heating & cooling to large areas in CBD, Commercial and residential areas. The main technology is Water sources heating pump.
2. Zhongtian group pre-fabricated building material project, which the Zhongtian Zhuzhou company plan to build a factory to manufacture the materials for pre-fabricated assembling buildings.
Zhuzhou already has experience of IFIs financing, ADB funding project on land rehabilitation and World Bank funding project. Still, as any Chinese municipality, Zhuzhou is constantly working to control its level of debt; for this reason, Zhuzhou is asking EC-Link Project support to explore more and diversified financing resources.
EC-Link and Zhuzhou HURD will continue their on-going cooperation; in next future two parties will work together to collect potential candidate projects, prepare a more definitive projects’ list so to allow EC-Link to pre-evaluate which one could be financed by green financing mechanism.