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

  • Huge investment for Moscow’s motorway routes
    May 1, 2015
    Huge investments being made in building several outbound routes in Moscow and the Moscow region – Eugene Gerden writes. Up to US$20 billion (900 billion Roubles) will be invested in the building of several outbound routes in Moscow and the Moscow region during the next few years, according to an official spokesperson of the Russian Ministry of Transport. It is planned that the routes will be built as flyovers above the railroad tracks in the Yaroslavl, Kazan, Riga and Paveletskaya directions of the
    Read More
  • Free flow tolling technology is booming
    April 10, 2013
    Jon Masters reports on the latest moves in the free-flow tolling segment. Free-flow tolling of roads and discrete infrastructure, such as bridges and tunnels, is an area of transportation that appears to be booming. Tolling in general is on the up, often still as a means for funding road projects where public sector budgets can no longer cover the necessary costs, but not exclusively so. Several high profile examples of road user charging for ‘demand management’ – the reduction of congestion as part of a wi
    Read More
  • Key Russian road construction complete
    December 5, 2016
    Construction work on the Central Section of Russia’s Western High-Speed Diameter (WHSD) in St Petersburg is complete, with some small detail work now being finished off. The WHSD connects the Southern, Central and Northern sections of St Petersburg and will open to traffic at the end of December. VTB Capital was a key participant in funding the construction of the Central Section and is a major shareholder in the consortium that will operate the entire WHSD route.
    Read More
  • Mumbai’s new coastal transport link
    July 6, 2022
    Mumbai’s new coastal road presents an ambitious and challenging project that will help improve the lives of the city’s inhabitants - Mike Woof writes
    Read More

Highlighted Content