Highway PPP Project Package in Xinjiang is Won by CCCC with Contract Value of RMB 70,800 Million

Source:Northwest Regional HeadquartersTime:2017-07-31

CCCC has recently won the bid for a PPP highway project package in Xinjiang, including Urumqi-Yuli Highway, with a total investment of some RMB 70,800 million.

With a total length of some 1,308 kilometers, the project has five sub-projects including Urumqi-Yuli Highway (G0711) and will be implemented in the mode of "PPP + BOT + viability gap funding". Located in the core zone of Xinjiang in the New Silk Road Economic Belt, the project will further enhance the efficient and convenient land channel linking China to Central Asia and South Asia, and play a significant role in building Xinjiang into the core area of the "Belt and Road", constructing China-Pakistan Economic Corridor, and promoting the social and economic development of southern Xinjiang.