China's first PPP test field project is won by First Highway Engineering

Source:First Highway EngineeringTime:2019-08-20

Recently First Highway Engineering has won the bid for Shangrao New Energy Intelligent Vehicle Test Field, Jiangxi Province.

The project is China's first PPP test field project. With a total area of some 178 hectares and a total investment of RMB 2,220 million, the project will be constructed in the mode of "PPP + BOT + governmental viability gap funding". With a construction period of 3 years and an operation period of 20 years, the project involves over 10 test tracks such as high-speed circuit, dynamic area and comprehensive endurance test track, as well as service facilities and laboratories.

After its completion, the project will meet the needs of testing, validating and evaluating new energy vehicles, intelligent connected vehicles and traditional automotive products.