New expressway project awarded in China

The contract for a major new expressway project in China has been won by a consortium. The Guizhou Jianhe-Liping Expressway should cost close to US$1.9 billion to build and take three years to construct. The group handling the work comprises CRRC Kunlun Investment Group Co and divisions of China Railway Construction Corporation Limited (CRCC). The expressway deal includes a 30 year concession to operate the tolled. Link. The project is being handled under the PPP model that includes viable gap funding, equi
March 11, 2019 Read time: 1 min

The contract for a major new expressway project in China has been won by a consortium. The Guizhou Jianhe-Liping Expressway should cost close to US$1.9 billion to build and take three years to construct. The group handling the work comprises CRRC Kunlun Investment Group Co and divisions of 6590 China Railway Construction Corporation Limited (CRCC). The expressway deal includes a 30 year concession to operate the tolled. Link. The project is being handled under the PPP model that includes viable gap funding, equity cooperation, build-operate-transfer and engineering, procurement and construction.

Road Structures

For more information on companies in this article

Related Content

  • New African infrastructure roadmap
    February 9, 2012
    An ambitious plan to boost transport infrastructure in Africa is being unveiled at the inaugural Africa Roads & Rail Infrastructure Summit 2010 is being held in Kigali, Rwanda from 22nd-23rd April. International transport specialists will focus on the region along with key decision makers from African governments, the World Bank and economic communities.
    Read More
  • First mini excavators supplied to Oman
    March 24, 2017
    Qatar’s Lusail Tunnel is forming part of a new US$30 billion integrated transportation system Oman National Engineering & Investment (SAOG), based in Muscat in the Sultanate of Oman, has taken delivery of the first mini excavators to be sold in the country The order comprises 20 new Bobcat E20 compact excavators, which were supplied by International Heavy Equipment (IHE). Gaby Rhayem, regional director Middle East and Africa for Bobcat, said, “We are delighted with this order, which is the result of p
    Read More
  • Jam busting project awarded in Israel
    February 28, 2012
    The tender process for the project to builds the Dror interchange at Lev Hasharon in Israel has been won by Ramat.
    Read More
  • New Indonesian toll road starting construction
    March 21, 2022
    A major new Indonesian toll road is starting construction.
    Read More

Highlighted Content