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

  • A key expressway project is due in Nepal
    July 26, 2012
    The Nepalese Government plans to open a key expressway project to tender. The Ministry of Physical Planning works and Transport Management is inviting bidders to show their interest in the construction of the Kathmandu-Nijgadh-Pathlaiya Terai/Madesh Expressway project. This new road link is intended to be offered under a PPP/BOT model. The 76km expressway is expected to cost US$853 million to construct. A feasibility study has been carried out and the expressway will be designed to meet the Class – A Catego
    Read More
  • Contract awarded for key Vietnamese expressway
    July 17, 2014
    A consortium comprising local contractor Civil Engineering Construction Corporation (Cienco 4) and Japanese company Sumitomo Mitsui will carry out construction work on Vietnam’s new Ben Luc-Long Thanh expressway. This is the first package for the first phase of works on the expressway, with this tranche expected to cost in the region of US$1.6 billion. Vietnam’s Government is providing $337 million of the funding required. Some $635 million is coming in the shape of a loan from the Japan International Co-op
    Read More
  • Alleviating Moscow's ring road congestion
    April 10, 2012
    The US$10.5 billion CKAD (Moscow Region Ring Road), being planned and procured under the direction of the Ministry of Transport of Russia, is just one of the roads highlighted at the Moscow Forum.
    Read More
  • Highway developments in India
    April 13, 2012
    A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway.
    Read More

Highlighted Content