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Changsha-Yiyang Expressway

Sector: Road • Location: Hunan, China

Source: World Bank Group

Project
Active

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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The project “Changsha-Yiyang Expressway” is an infrastructure initiative in the Road sector, located in Hunan, China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

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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