Urumqi beltway project is won by CCCC consortium with contract amount of RMB 15,300 million
Source:Second Harbour EngineeringTime:2017-09-29
October 10, the consortium initiated by Investment Company in association with First
Highway Engineering, Second Highway Engineering, Second Harbour Engineering and
Highway Consultants won the bid for the beltway (west line) PPP project in
Urumqi, with a total investment of some RMB 15,300 million, a construction
period of three years and an operation period of 30 years.
in the west of Urumqi,
Xinjiang, with a full length of some 92 kilometers, the project will be
implemented in the mode of "BOT + equity cooperation + government subsidization".
After its completion, the project will further improve Urumqi's
road backbone network, and play a significant role in building Urumqi
into the core city of the Silk Road Economic Belt, constructing a traffic hub
on the "Belt and Road" and promoting the economic development of Urumqi.