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

  • Record attendance for Istanbul’s E&E conference
    June 14, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures, although final figures were not available at the time of writing.
    Read More
  • STRABAG wins tricky Polish project
    May 2, 2012
    Austrian construction firm STRABAG has won a major road contract from Poland’s General Directorate for National Roads and Highways (GDDKiA). The deal is for the construction of a 40km section of the S8 Expressway between Walichnowy and Sieradz Poùudnie, some 240km to the south west of capital Warsaw.
    Read More
  • Chinese highway project under construction
    February 9, 2017
    China’s infrastructure expansion programme is in the process of transforming the country. Meanwhile its construction market is the largest in the world, comprising around 25% of the country’s US$11 trillion economy. However, slowing domestic growth in recent years has encouraged the Chinese Government to invest in key infrastructure projects in a bid to improve the country’s transport connections.
    Read More
  • What lies beneath Down Under
    January 11, 2021
    The third and final construction stage on Sydney’s WestConnex project has begun, including the underground Rozelle Interchange – with a lot of help from Komatsu
    Read More

Highlighted Content