PPP project is won by Third Highway Engineering with contract value of RMB 4,660 million

Source:Third Highway EngineeringTime:2017-12-28

Third  Highway Engineering has recently won the bid for a municipal infrastructure PPP project in Dongpo District, Meishan, Sichuan Province in association with CCCC Fund and Northeast Municipal Engineering Design Research Institute of China, with a total investment of some RMB 4,660 million and a total service charge of RMB 6,650 million.

With a cooperation period of 15 years, a construction period of 3 years and an operation period of 12 years, the project will be implemented in the mode of PPP. The private party will be responsible for project financing, design, construction, operation and handover. The project involves the construction of infrastructure including municipal roads and pipe network, as well as relevant auxiliary facilities.