CCCC's first PPP project in Beijing approved
Source:First Highway EngineeringTime:2017-04-07
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.
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.