Since 2022, China has accelerated the construction progress of major water conservancy projects, continued construction of large and medium-sized irrigation areas and modernization, and completed water conservancy construction investment to achieve substantial growth.

As of the end of April, the investment in water conservancy construction has reached 195.8 billion yuan, an increase of 45.5% over the same period in 2021, which has effectively played an important role in stabilizing investment and growth in water conservancy.

From January to April, China started 9 major water conservancy projects with an investment scale of more than 30 billion yuan; a total of 20.2 billion yuan was completed for the construction of rural water supply projects, improving the water supply security level for 6.66 million rural population. In addition, in 2022, a total of nearly 19 billion yuan of central and local investment will be arranged for the continued construction and modernization of large and medium-sized irrigation areas.

In 2022, China will complete the investment of more than 800 billion yuan in water conservancy construction. In order to expand investment channels, the Ministry of Water Resources has guided local governments to increase investment through special government bonds, financial funds, and social capital. In the first four months, the scale of special bonds issued by local governments more than doubled year-on-year.Keywords: infrastructure, infrastructure construction, domestic engineering news, planning and investment

Li Ming, deputy director of the Planning and Planning Department of the Ministry of Water Resources, said that 830 water conservancy projects have implemented local government special bonds of 72 billion yuan, an increase of 38.6 billion yuan or 115% over the same period in 2021. Editor / Xu Shengpeng