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Dongying Western Suburb Modern Serivce Zone Roads

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Source: World Bank Group

Project
Active

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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The project “Dongying Western Suburb Modern Serivce Zone Roads” is an infrastructure initiative in the Road sector, located in 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 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

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More Details

Record type

Project

Sector

Road, Government

Article published date

2024-10-01

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