Indian highway project with Chinese input

The National Highway Authority of India has signed a package deal with Ramky Infrastructure and Chinese firm Jiangshu Provincial Transportation Engineering Group for a major highway project.
February 29, 2012 Read time: 1 min
The National Highways Authority India has signed a package deal with 1236 RAMKY Infrastructure and Chinese firm Jiangshu Provincial Transportation Engineering Group for a major highway project. The work involves upgrading a highway connecting Srinagar to Baniha to four lanes, with two in either direction. The US$248.5 million project is of particular note due to the presence of the Chinese firm.

Ramky Infrastructure holds a 74% stake in the joint venture while Jiangshu Provincial Transportation Engineering Group holds 26%. They will conduct the project on design-build-finance-operate-transfer (DBFOT) and construction is expected to take three years, which is included in the 20-year concession timespan. Ramky Infrastructure secured the project in September 2010.

For more information on companies in this article

Related Content

  • Qatar developing highway expansion plan
    June 16, 2016
    Qatar is setting the wheels in motion for the development of a comprehensive highway network. Engineering firm KBR is working on a three year, US$185 million consultancy contract to manage Qatar’s highway construction and improvement programme. This package is an extension to KBR’s earlier contract, which the firm won in 2010. The new contract was awarded by Qatar’s Public Works Authority (Ashghal) and the highway network plans will form part of the country’s National Vision 2030 strategy. New and improved
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • US$3.4 billion Peru PPP road partnership
    April 11, 2024
    A US$3.4 billion Peru PPP road partnership deal has been awarded for Lima.
    Read More
  • Canada’s toll Highway 407 extension east of Toronto opens
    June 21, 2016
    A US$780 million eastward extension to Toronto’s major toll highway 407 has opened after four years of construction. Work on 407 East Phase 1 project – which also included construction of the smaller Highway 412 – involved building more than 148 lane-kilometres and 11 interchanges. The 22km road stretches from Brock Road in the town of Pickering to Harmony Road in the city of Oshawa. Highway 412 is a 10km north-south road that connects Highway 407 to Highway 401. Travel on the toll road will be free u
    Read More

Highlighted Content