A consortium led by China Railway Construction Co., Ltd. has been awarded a PPP contract to develop the Meixian-Taibai highway in Shaanxi Province, north-west China.
With an estimated investment of about CNY12.3 billion (US$1.82 billion), the project will have a concession period of 33 years and 11 months including four years of construction.
The developers will be compensated through user payments, indicating that the highway will be tolled.
Country updates
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January 11, 2019
AIIB approves US$500 million investment in infrastructure debt portfolio
The Asian Infrastructure Investment Bank (AIIB) has announced that its Board of Directors has approved US$500 million for a managed credit portfolio that aims to develop infrastructure as an asset cla...
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January 10, 2019
Jiangxi Hongcheng-Nanchang Water consortium wins urban sewage project in Dingnan County
A consortium led by Jiangxi Hongcheng Water Industry Co. has been awarded an urban sewage pipe network reconstruction project in Dingnan County, China. The consortium, which also includes N...
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January 10, 2019
Everbright Greentech closes acquisition of 90% stake in hazardous waste recycling company
China Everbright Greentech Ltd has announced that it has concluded the acquisition of a 90% equity stakes in Jiangsu Jiayuan Environmental Technology Company Ltd for a total consideration of CNY1...
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January 09, 2019
Everbright Greentech wins waste processing and biomass projects in China
China Everbright Greentech Limited has been awarded two waste processing and biomass projects in China. The company has secured the Zhejiang Songyang Hazardous Waste Integrated Treatment Project...
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January 08, 2019
Private partner selected to construct and operate smart hospital in Huainan City
Shenzhen Das Intellitech Co., Ltd. (SDI) has announced that it has signed a PPP contract to finance, construct, handover, operate and maintain the first phase of Shannan New District General Hospital,...
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