四川污水处理资金筹集策略

FINANCINGSTRATEGIESFORURBANWASTWATERINFRASTRUCTURE:SichuanProvinceinthePeople’sRepublicofChinaHongfangLiaoDeputyDirector,SichuanEnvironmentalForeignEconomicCooperationCenterOECDGlobalForumonSustainableDevelopmentFINANCINGWATERANDENVIRONMETALINFRASTRUCTUREFORALLParis18December2003FinancingStrategiesforWastewaterInfrastructureinSichuanProvinceProjectlocationEXISTINGSITUATION:Stateofwastewaterinfrastructure14citiesunderstudy,upstreamofThreeGeorgesDam40%-70%ofurbanpopulationconnectedtocentralisedsewers(mainlyofopenditchesandseptictanks)Nowastewatertreatmentplants(WTTPs)ConstructionofWTTPsongoingin7citiesInfrastructureDevelopmentTargetsAllmunicipalitieswillexperiencerapidpopulationgrowth,mainlyduetourbanisationBy2010-75-80%inhabitantswillbeconnectedtoseweragenetwork,therestwilluseseptictanksBy2010-60%ofseweragenetworkwillconsistsofmodernpipelineswhichseparatetherainwaterfromsewerageSewersexistingbefore2000willbegraduallyrehabilitatedby2%ayearBy2010-100%ofwastewatercollectedwillbetreatedbiologicallyBaselineSupplyofFinancetoWastewaterInfrastructureRevenuesofwastewaterfeescoverlessthan50%ofoperationalandmaintenancecostsofexistinginfrastructure(withoutWTTPs).Inthebaselinetheywouldgrowinproportiontothegrowthofincome,ofurbanizationandofconnectionrates.Norateincreasesareenvisaged.Wastewatertreatmentcompanieshavelimitedcontroloftheirrevenueandexpenditures.Notwithstandingformalautonomy,theyarerunlikebudgetenterprises.3.2%oflocalbudgetexpenditurespentonwastewater-mainlyoperationandmaintenanceexpenditure(over60%).Therestaccountsforcapitalrepairsandinvestmentsinsewers.BudgetexpenditureswillgrowinproportiontothegrowthofthelocalGDPCentralgovernmenttransferspayforcapitalinvestmentsinconstructionofWTTPsandmaincollectors(about20millionEuroayear).After2004nocentralgovernmenttransfersenvisaged.Smallpublicloanswillbedisbursedandpaidbackaccordingtoknownschedules.NoprivatefinanceinthesectorCoverageoftotalexpenditureneedswithtotalbaselinefinancingNote:InMillionEURO,2001pricesSource:FEASIBLEmodel010203040506070809020022003200420052006200720082009201020112012201320142015LoanserviceOperationalMaintenanceRenovationsNewInvestmentsTotalbaselinesupplyoffinanceCoverageofcapitalneedsbybaselinefinancingearmarkedforcapitalexpendituresNote:InMillionEURO,2001pricesSource:FEASIBLEmodel01020304050607020022003200420052006200720082009201020112012201320142015RenovationsNewInvestmentsSupplyoffinanceforinvestmentsCoverageofO&McostsbybaselineuserchargerevenuesNote:InMillionEURO,2001pricesSource:FEASIBLEmodel051015202530354020022003200420052006200720082009201020112012201320142015MaintenanceOperationUserchargerevenuesAffordabilityofuserchargestohouseholdsin20011th2nd3rd4th5th6th7th8th9th10thLuzhouCity1%2%2%1%1%LeshanCity2%5%4%3%2%MeishanCity2%8%6%5%3%YibinCity1%5%3%3%2%ChangningCounty2%6%5%4%3%GaoCounty4%11%8%7%5%ZigongCity2%6%5%4%3%FushunCounty2%5%4%3%3%NeijiangCity3%10%7%6%4%WeiyuanCounty1%2%2%1%1%ZizhongCounty3%7%5%4%3%ZiyangCity1%3%2%2%1%JianyangCity2%6%5%4%3%LinshuiCounty1%3%3%2%2%CityorcountyShareofwaterandwastewaterexpenditureintheAverageincomeIncomegroupsbydecileSource:CalculationsofOECDconsultants,onthebasisofdataprovidedbylocalexpertsFinancingStrategiesforWastewaterInfrastructureDevelopmentUserspaystrategy(UP)Taxpayerspaystrategy(TP)Marketbasedfinancingstrategy(MB)CoverageofbaselineO&Mcostsbyuserchargerevenues(MBstrategy)Note:Preliminaryestimates,MillionEURO,2001pricesSource:FEASIBLEmodel05101520253035404520022003200420052006200720082009201020112012201320142015MaintenanceOperationUserchargerevenuesStructureofFinancingCapitalInvestmentExpendituresBaselinescenarioMarketbasedfinancingstrategyNote:Preliminaryestimates,Percentagesovertheperiod2002-2015,Source:FEASIBLEmodelPublicbudgetsBankloansCoverageofcapitalneedsbyfinancingearmarkedforcapitalexpendituresNote:Preliminaryresults,InMillionEURO,2001pricesSource:FEASIBLEmodel01020304050607020022003200420052006200720082009201020112012201320142015RenovationsNewInvestmentsSupplyoffinanceforinvestmentsCoverageoftotalexpenditureneedswithtotalfinancing(MBstrategy)Note:Preliminaryresults,InMillionEURO,2001pricesSource:FEASIBLEmodel010203040506070809010020022003200420052006200720082009201020112012201320142015LoanserviceOperationalMaintenanceRenovationsNewInvestmentsTotalneededsupplyoffinanceReformsneededtoimplementfinancingstrategiesIntegratedmanagementandfinancingofwastewatercollectionandtreatmentMorefinancialautonomytowastewatercompanieswithstrongeraccountabilityforperformance.Increaseofuserchargesuptoaffordabilitylimits,moreefficienttariffpolicies,andeffectivesocialprotectionIntegratedmanagementofcapitalandoperationalspendinginpublicbudgetsImprovedinvestmentplanning(rollingmultiyearprogramswithfeasiblefinancingstrategies)DevelopmentofeffectivelysupervisedlocalgovernmentcreditsystemEnhancedcreditworthinessandinvestmentclimateinwastewaterenterprisesReformsneededtoimplementfinancingstrategies谢谢！Thanks！