Dongying Western Suburb Modern Serivce Zone Roads
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Source: World Bank Group
In January 2016, a local private company Shandong Jinmao Construction Group signed a PPP contract with the Dongying Municipal Government regarding the Dongying Western Suburb Modern Service Zone Roads project. Shandong Jinmao won the contract through competitive negotiation. The total investment was US$ 77.03 million (RMB 511.8 million), among which US$ 55.69 million (RMB 370 million) was for acqu
- Status
- Prospective
- Sector
- Road, Government
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
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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 January 2016, a local private company Shandong Jinmao Construction Group signed a PPP contract with the Dongying Municipal Government regarding the Dongying Western Suburb Modern Service Zone Roads project. Shandong Jinmao won the contract through competitive negotiation. The total investment was US$ 77.03 million (RMB 511.8 million), among which US$ 55.69 million (RMB 370 million) was for acquiring existing assets and US$ 21.34 million (RMB 141.8 million) for greenfield construction. The concession term was 10 years. The portfolio consisted of 15 urban roads with a total length of 37km. The first bank loan of US$ 36.12 million (RMB 240 million) was granted on March 29, 2016. Shandong Jinmao had a 65.22% stake in the project. |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Government |
Article published date | 2024-10-01 |
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