Guangdong Investment announces road PPP award
Guangdong Investment Limited, a group engaged, among other, in water resources and infrastructure, has recently announced that it has entered into cooperation agreement with the Xiegang Government for the development of certain public roads projects on a PPP basis in Dongguan, Guangdong Province, China.
The PPP project comprises the construction of the public roads and the related ancillary support services such as drainage, greening and lighting with an investment estimated at CNY4.754 billion (US$723.25 million).
It is expected upon the completion of the project that the public (non toll road) facilities will form a highway and municipal road network within Yinping Innovation Zone.
Guangdong Investment Limited will be responsible for providing funding for the development of the PPP roads, introduction of contractors for the construction works, coordinating with various parties and the maintenance of the roads upon completion during a period of ten years.
Macquarie Group Limited has acted as financial adviser to Guangdong Investment Limited in the tender process.
Country news
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June 08, 2016
Beijing Enterprises Water Group adds 22 new PPP projects with capacity of 1,206,100 tons/day
Beijing Enterprises Water Group has recently announced that it has signed 22 project contracts with a total designed capacity of 1,206,100 tons/day in China. Read more -
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Beijing Capital Co. signs water PPP in China
Beijing Capital Company, Linyi Municipal Environmental Protection Bureau and Agriculture, Forestry and Water Development Co. have recently signed the franchised operation agreement for the development of two water purification plants PPP projects in Linyi, China. Read more -
June 01, 2016
Everbright International wins Shandong Jinan Waste-to-energy Plant Expansion Project
China Everbright International Limited has won the bid for Shandong Jinan No.2 Household Waste Integrated Treatment Plant Waste-to-energy expansion project in China. Read more -
May 30, 2016
China Railway Construction Corporation wins two rail PPPs
The Wuzhong - Zhongwei rail PPP project involves an estimated investment of CNY13,615 million (US$2.07 billion), of which the construction cost is CNY9,592.49 million. Ningxia Railway Investment will hold 70% equity of the project, while the remaining 30% will be held by CRCC. The expected construction period of the project is 28 months. Read more -
May 26, 2016
China State Construction Engineering signs cultural park PPP project
The consortium of China Construction Seventh Engineering Pision Corp. Ltd. Read more
