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

  • Two consortia bid for US$924.84mn Colombia highway concession
    April 17, 2014
    Two consortia have bid for Colombia's US$924.84 million (COP 1.79 trillion) Conexión Pacífico 1 highway concession, the first project under the Autopistas para la Prosperidad program and part of the country's fourth generation (4G) of concessions. There were 10 prequalified consortia and the two to submit bids were Autopista Conexión Pacífico I, comprised of local firm Estudios y Proyectos del Sol (Episol) and Spain's Iridium, and Infraestructura Vial de Colombia, comprised of Colombian firms Carlos Albe
    Read More
  • India highway planning
    May 10, 2016
    The Indian Government has set out plans to award highway projects worth at least US$8.84 billion during the next fiscal year. These projects will be offered under the hybrid annuity model, according to a report in the Economic Times. KPMG has stated that some 21 projects for a total of 1,500km and worth close to a third of that sum will be granted by the Indian Government in the current fiscal year. India’s Ministry of Road Transport and Highways has sought budgetary support from the Ministry of Finance an
    Read More
  • New Cameroon highway to connect key cities
    August 29, 2013
    A new highway will connect Cameroon’s key cities of Doula and Yaoundé. The 215km highway will be constructed by the Chinese contractor China First Highway Engineering, with the project costing an estimated US$579 million in all. Much of the financing for the project is being provided through a $491.5 million loan from the China Exim Bank. Scet Tunisie and Louis Berger have a partnership for the $8.36 million deal for project management of the first phase of the project, the 80km section from Yaoundé to Bot
    Read More
  • Moscow-Kazan highway contracts awarded
    September 22, 2020
    Contracts have been awarded for the Moscow-Kazan highway.
    Read More

Highlighted Content