Changsha-Yiyang Expressway
Sector: Road • Location: Hunan, China
Source: World Bank Group
In October 1997, Road King Infrastructure signed a joint venture (JV) agreement with a SOE in Hunan Province for the upgrading and operation of the Changsha-Yiyang Expressway. The JV contract also included a share of toll revenues from the parallel National Highway 319. Road King obtained a 43% share in the joint venture in return for investment of HK$ 561 million (US$ 72.4 million). Road King fu
- Status
- Prospective
- Sector
- Road, Government
- Location
- Hunan, China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
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Description
Description | In October 1997, Road King Infrastructure signed a joint venture (JV) agreement with a SOE in Hunan Province for the upgrading and operation of the Changsha-Yiyang Expressway. The JV contract also included a share of toll revenues from the parallel National Highway 319. Road King obtained a 43% share in the joint venture in return for investment of HK$ 561 million (US$ 72.4 million). Road King funds its projects from internally generated funds and long term debt. This includes a US$ 138 million syndicated loan and US$ 140 million 10-year fixed rate notes arranged in 1997. In June 1998, the Expressway was expected to open shortly, and National Highway started contributing toll revenue in March 1998. None None |
Original sector | Transport |
Budget |
Location
Country | China |
State | Hunan |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Government |
Article published date | 2023-02-20 |
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