How to set up a project company for PPP projects

First of all, improve the project-related procedures, carry out financial affordability evaluation and value-for-money evaluation, and select and determine social capital parties through bidding or other means. Only after these conditions are met can we consider setting up a project company. Generally, state-owned enterprises under the jurisdiction of the government invest on behalf of the government, and jointly set up project companies (SPV) with social capital.