Skip to main content

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

  • Pakistan’s new Karachi-Hyderabad highway
    September 23, 2024
    Pakistan is planning a new Karachi-Hyderabad highway
  • China’s rising construction equipment sector in focus at CONEXPO
    February 13, 2017
    In recent years, China construction machinery industry has made great achievements, a fact that will be featured at this year's CONEXPO-CON/AGG. China’s Chamber of Commerce for Import and Export of Machinery and Electronic Products and the China Construction Machinery Association will introduce China construction machinery industry at its booth, G2116A. Chinese construction equipment makers are the world’s largest producers of mobile cranes, wheeled loaders, excavators and now also concrete pumps than
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
  • Further progress with new Ugandan highway link
    October 21, 2014
    The Ugandan Government is planning to launch a tender to build a six-lane highway that will stretch 77km and connect Kampala with Jinja. Costing in the region of US$800 - $1 billion, work is due to commence in 2015. The project will be carried out under the PPP model with the International Finance Corporation (IFC) acting as the project's transaction advisor. Meanwhile Uganda is also building a 51km tolled road between Kampala and Entebbe International Airport, which will be partly funded by China’s Exim Ba