New link in China

A new 30km highway is planned for Lanzhou in China’s Gansu Province. The East-West highway will cost some US$263 million to build and is being constructed on a build-transfer basis. West Zhongda Construction Group has the contract for the deal, which is reported to have a buy-back period of six years.
April 24, 2012 Read time: 1 min
A new 30km highway is planned for Lanzhou in China’s Gansu Province. The East-West highway will cost some US$263 million to build and is being constructed on a build-transfer basis. West Zhongda Construction Group has the contract for the deal, which is reported to have a buy-back period of six years.

Related Content

  • Rural road boost in China
    April 26, 2012
    The local authorities in China's Sichuan Province are planning a massive expansion and improvement programme targeted at rural roads. Over US$12.7 billion will be invested in rural road development during China's 12th Five-Year Plan, which is for the 2011-2015 period.
    Read More
  • Major Canadian toll road extension project awarded
    May 25, 2012
    A joint venture formed by SNC Lavalin and Cintra Infrastructure will handle the contract to extend Highway 407 in Canada. This US$974.4 million (C$1 billion) deal was awarded by the authorities in Ontario to a joint-venture called the 407 East Development Group General Partnership and is a partnership between Spanish firm Cintra (a subsidiary of Ferrovial) and Canadian company SNC-Lavalin of Canada. The partnership will build, design and maintain Phase 1 of the new Highway 407 East. The construction work is
    Read More
  • Implementation of road building projects in Russia’s Moscow may be significantly delayed
    May 15, 2014
    Implementation of some large-scale investment projects for road building in Russia’s capital Moscow may be significantly delayed A series of major documentation issues are the cause of the problem. These have delayed projects for up to nine tenders on the total sum of US$2.6 billion (95 billion rubles), with anomalies having been found by the Russian Federal Anti-Monopoly Service.
    Read More
  • China’s expanded expressway future
    August 12, 2022
    China has major plans to expand its expressway system.
    Read More

Highlighted Content