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Beiliu City Roadways

Sector: Road • Location: China

Source: World Bank Group

Project
Active

New World Infrastructure (NWI) subsidiary, Forever Great Development Ltd., signed a 25-year cooperative joint venture contract for the development of a sixth toll station and operation of all stations on the Beiliu City Roadways. NWI had a 60% equity and profit share in the joint venture, Guangxi Beiliu Xinbei highways Ltd., and invested US$18 million in equity and debt during the project term. T

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The project “Beiliu City Roadways” is an infrastructure initiative in the Road sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

New World Infrastructure (NWI) subsidiary, Forever Great Development Ltd., signed a 25-year cooperative joint venture contract for the development of a sixth toll station and operation of all stations on the Beiliu City Roadways. NWI had a 60% equity and profit share in the joint venture, Guangxi Beiliu Xinbei highways Ltd., and invested US$18 million in equity and debt during the project term. The other sponsor company was the state-owned guangxi Beiliu gaote Co. Ltd., whol owned the rest of the 40% stake in the project company. None None

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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