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

  • Kenya highway projects now underway
    April 7, 2017
    Work on two major highway projects are now commencing in Kenya. One project will improve the road connection between Kenya’s capital Nairobi, with its premier port of Mombasa. The other project will see the upgrade of the road link joining Kenya with neighbouring Uganda. Work on the Mombasa to Nairobi highway is starting on a 42km stretch between Mombasa and Marikani. This work is costing some US$213.4 million and the improved route will feature two lanes in either direction when the work is complete. Meanw
    Read More
  • Vietnam Expressway Corp to sell five highway routes
    October 31, 2014
    Vietnam is considering selling its ownership in several major highways to help pay for more road projects. The Ministry of Transport (MoT) recently said that the government’s infrastructure investor body Vietnam Infrastructure Development and Finance Investment (VIDIFI), would sell 70% of its ownership in the Hanoi–Hai Phong Highway project to a buyer from India. The move is part of a strategy that could see Vietnam sell off more of its investment in highway projects, either under construction or complete
    Read More
  • Smart constructioon with GIS, GPS design technology
    May 2, 2012
    A UK highway project has benefited from the latest software, GIS and GPS technology, Mike Woof reports. Sophisticated software, GIS and GPS technology has played an important role in a large highway upgrade project in the UK and helping to increase efficiency and drive down construction costs.
    Read More
  • UGL wins Australia’s NorthConnex M&E services contract
    September 7, 2015
    Engineering services provider UGL has signed a four-year deal with the Lend Lease Bouygues joint venture that is building the NorthConnex motorway in Sydney, Australia. The US$329 million contract is for the design, procurement, construction and commissioning of the electrical, mechanical, communication, fire and control systems needed for the project’s 9km twinned tolled tunnel. UGL provides outsourced engineering, asset management and maintenance services to rail, transport, power, resources, water an
    Read More

Highlighted Content