CSCEC to work on manufacturing housing PPP project in China
China State Construction Engineering Corporation Ltd (CSCEC) has won the tender process for the FAW-Volkswagen (Qingdao) East China Manufacture Base PPP project.
Locatedin Jimo City of Qingdao in the Shandong Province, the project involves the development of resettlement houses of 850,000sqm, staff lodging houses of 190,000sqm, and 26 municipal roads and 1 viaduct.
The total project investment is estimated at CNY6.3 billion (US$953.5 million).
Qingdao is a city in eastern Shandong Province on the east coast of China as well as the largest city in Shandong province. It has a population of approximately 5.8 million inhabitants. Qingdao is a major seaport, naval base, and industrial centre.
In late January 2016, China Construction Fifth Engineering Division Corp, a China State Construction Engineering Corporation subsidiary (CSCEC), won the bid for Changsha Yuening avenue PPP project in the central China’s Hunan province.
Before in early January, China State Construction Engineering Corporation (CSCEC) and the government of Nanning in China achieved commercial closure for the Nanning City Bus Rapid Transit (BRT) PPP project.
Country news
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February 01, 2016
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.
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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
