China Communications Construction Company wins road PPP
Second Harbour Engineering, a subsidiary of China Communications Construction Company, has recently won the bid for the PPP project of the alternate line of Furong Boulevard and the connecting line of Shanghai-Ruili Highway in Xiangtan, located in the Hunan Province.
The total investment is about CNY850 million (US$130 million), including an investment of some CNY600 million (US$91 million) in construction and installation.
With a construction period of three years and an operation period of seven years, the project involves two 2-way 6-lane city expressways.
The alternate line of Furong Boulevard stretches from Northern Second Ring Road to Zhaoshanjie, with a full length of 4.06 kilometers.
The connecting line of Shanghai-Ruli Highway stretches from Furong Boulevard to the alternate line of the boulevard, with a full length of 0.85 kilometers.
After its completion, the project will further open up Xiangtan's outward channel and promote the development of the regional modern assembly, manufacturing and logistics industries.
Country news
-
-
January 29, 2016
Sunpower secures centralised steam BOT project in China
Sunpower Group has secured a centralised steam build, operate, and transfer (BOT) project in Lianshui Economic Development Zone, which is located at Jiangsu Province, China. Read more -
January 28, 2016
China Railway Construction wins Xuzhou Urban Rail PPP project
China Railway Construction Corporation, a state-backed railway builder, Read more -
January 27, 2016
China Railway Construction announces US$500m convertible bond
China Railway Construction, a state-backed railway builder, plans to raise US$500 million by issuing convertible bonds. Read more -
January 26, 2016
China and UNECE sign partnership for PPPs
China’s ‘One Belt, One Road’ initiative, aimed at improving the connectivity between China and Europe along the ancient Silk Road as well by sea, will require massive investments in infrastructure. This will considerably improve infrastructure in both China and in neighbouring countries. Public-Private Partnerships (PPPs) are expected to play a key role in mobilizing the resources needed for these investments. Read more -
January 25, 2016
CSCEC subsidiary wins PPP project in Changsha
A subsidary of China State Construction Engineering Corporation (CSCEC) has won the bid for Changsha Yuening avenue PPP project. Read more
