On October 12, the
consortium of CCCC and First Harbour Engineering won the bid for the PPP
project of the Jiutai-Shuangyang section (Nong'an-Yitong) of Changchun Economic
Circle Ring Highway, with a contract amount of RMB 5,367 million.
With a main line length
of 79.57 kilometers, the Jiutai-Shuangyang section of Changchun Ring Highway
will be constructed in accordance with the standards of two-way four-lane
highways; the interchange connection line will measure 20.20 kilometers, and
the Chaluhe connection line will be constructed in accordance with the
standards of four-lane first-class highways, with a designed speed of 80km/h alike. With an estimated total investment
of RMB 5,367.44 million, a cooperation period of 30 years, a construction
period of 4 years and an operation & maintenance period of 26 years, the
project will be operated in the mode of PPP featuring "investment,
construction and operation maintenance integration + user payment + resource
revenues + viability gap funding".
The successful bidding
for the project shows the outstanding reputation and brand influence of CCCC in
Jilin's highway market, and plays a positive
role in further consolidating and developing Jilin's infrastructural construction market.