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

  • 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
  • BC awards last Kicking Horse contract
    November 20, 2020
    Phase Four includes 4km of new highway in Canada’s mostly westerly province.
    Read More
  • BAM wins motorway deals in The Hague and Munich
    December 7, 2015
    The Dutch city of The Hague has awarded a BAM joint venture with a €300 million design, construction and maintenance contract for a 4km city road. The new connecting road will run between the motorway at the Ypenburg interchange, A4 and A13, and The Hague’s Central Zone of Binckhorst-Centrum-Scheveningen. Construction will start in mid-2016 and the road is expected to be open by early 2020. The Rotterdamsebaan will make The Hague and its immediate region better accessible by connecting the A4 /A13
    Read More
  • How is the world construction market performing?
    November 20, 2014
    Taking a world view, the construction equipment market provides a handy guide as to overall construction business activity. Evaluating machine shipments can provide a ready answer to those who ask, “What is happening?” Major manufacturers such as Caterpillar or Komatsu operate on a global basis and their results can be highly indicative of market conditions overall as well as in specific territories. Construction associations similarly provide strong insight into business activity. According to figures fro
    Read More

Highlighted Content