Beijing Metro Line 16
Sector: Mass Transit • Location: China
Source: World Bank Group
In November 2015, Beijing MTR Corporation Limited (BJ MTR) formally signed a concession agreement with the Beijing Municipal Government to finance, construct, and operate the Metro 16 Line in Beijing after a negotiation process. The total length was about 50 km and it linked 29 stations. BJ MTR was involved in Part B (operation) of the project, and Part A was conducted by the government side. The
- Status
- Prospective
- Sector
- Mass Transit, Rail, Government, Commercial
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In November 2015, Beijing MTR Corporation Limited (BJ MTR) formally signed a concession agreement with the Beijing Municipal Government to finance, construct, and operate the Metro 16 Line in Beijing after a negotiation process. The total length was about 50 km and it linked 29 stations. BJ MTR was involved in Part B (operation) of the project, and Part A was conducted by the government side. The concession term was 30 years. The total investment was 2.29458 billion (RMB 15 billion) and MTR had a 49% stake in it. BJ MTR was the first foreign invested cooperation company in urban railway transportation sector in mainland China. BJ MTR was established in January 16, 2006 jointly invested by Beijing Infrastructure Investment Co. Ltd (BIIC, 2%), Beijing Capital Group (BCG, 49%) and MTR Corporation (MTR, 49%). |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Mass Transit, Rail, Government, Commercial |
Article published date | 2024-09-30 |
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