China Railway Construction wins US$2.68bn Chinese highway tenders

China Railway Construction has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways. The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.
January 23, 2013 Read time: 1 min
6590 China Railway Construction Corporation has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways.

The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.

For more information on companies in this article

Related Content

  • Israel's key highway on track
    February 16, 2012
    In Israel the authorities are well on track with the project to build northern extension of the Cross-Israel Highway. This road forms part of the US$7.98 billion Netivei Israel transport plan project. Israel's Ministry of Transport and Ministry of Finance will evaluate the tenders jointly and then announce firms that pass the prequalification stage at the end of September 2011. The companies that have prequalified are Electra, Ashtrom Properties, Minrav Holdings, Shafir Civil and Marine Engineering, Shikun
    Read More
  • China’s massive new highway projects unveiled
    May 19, 2017
    Plans for massive highway construction projects have been unveiled in China. A 451km highway has been announced that will connect the cities of Yibin an Panzhihua. This is expected to cost as much as US$12 billion, with two firms carrying out the project under the build-operate-transfer model. Construction is due to commence later this year and is expected to take five years to complete. Meanwhile in Yunnan Province, the authorities are planning two highway projects worth a total of $3.75 billion. A new 50k
    Read More
  • Tanzania highway deals won by Chinese contractors
    December 14, 2017
    Two road upgrade contracts in Tanzania have been awarded to four Chinese construction firms. In all the work will be worth some US$312.74 million and will extend to 432km of road improvements.
    Read More
  • New Chinese expressway project
    January 23, 2023

    Construction is underway in China for a major new highway project measuring 240km.

    Read More

Highlighted Content