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 projects planned for Vietnam
    January 27, 2023
    New transport infrastructure projects are planned for Vietnam.
    Read More
  • Tunnelling project under Micang Mountain
    October 15, 2018
    Equipment from XCMG has played an important role in the excavation of a new tunnel link underneath the Micang Mountain in China. The project to build the right-hand bore for the Micang Mountain tunnel on the Sichuan-Shaanxi Expressway has taken 54 months to complete. The tunnel was needed as the Micang Mountain has been a barrier to direct transportation at the junction of Hanzhong and Bazhong. This has blocked the major transport route between Sichuan and Shaanxi, preventing traffic flows across the reg
    Read More
  • Chinese investment in infrastructure
    April 24, 2014
    Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
    Read More
  • Thailand’s key highway plans
    January 8, 2021
    Progress is being achieved for Thailand’s key highway projects.
    Read More

Highlighted Content