CCCC's first PPP project in Beijing approved

Source:First Highway EngineeringTime:2017-04-07

The feasibility study report of CCCC's first PPP project in Beijing-capital beltway (Tongzhou-Daxing section) has recently been approved by the National Development and Reform Commission.

With an estimated total investment of some 12,200 million yuan, the project is a PPP project. The project company was established by the consortium of CCCC, First Highway Engineering and Road & Bridge International in association with Beijing Capital Highway Development Group. With an operation period of 25 years and a full length of some 38 kilometers, the project will be completed and open to traffic in late 2017, and meet operation conditions on June 30, 2018.