What is the latest status of the project “Hangzhou Metro Line One”?

The status recorded for “Hangzhou Metro Line One” is Active.

Who are the main government, EPC, and private stakeholders for “Hangzhou Metro Line One”?

Taiyo maps the stakeholders of “Hangzhou Metro Line One”: government bodies (World Bank Group, Hong Kong, China).

What is the budget and commercial profile for the project “Hangzhou Metro Line One”?

Taiyo normalizes the budget of “Hangzhou Metro Line One” to USD 1313790000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Hangzhou Metro Line One”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/hangzhou-metro-line-one-7566). Taiyo standardizes official data into a consistent, searchable project profile.

Hangzhou Metro Line One

Sector: Mass Transit • Location: China

Source: World Bank Group

Project

Active

The 53km Hangzhou Metro Line 1 located in Hangzhou City, Zhejiang Province was MTR Corporation's third metro project in the China's mainland. The Build Operate Transfer agreement was officially signed in Sep 2012. It was operated under a joint venture company named Hangzhou MTR Corporation Limited (Hangzhou MTR) which was also registered in Sep 2012. The new line was a Public-Private Partnership p

Status: Prospective
Sector: Mass Transit, Rail, Commercial, Power Generation (CCGT), Government
Location: China
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Hangzhou Metro Line One” is an infrastructure initiative in the Mass Transit sector, located in China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The 53km Hangzhou Metro Line 1 located in Hangzhou City, Zhejiang Province was MTR Corporation's third metro project in the China's mainland. The Build Operate Transfer agreement was officially signed in Sep 2012. It was operated under a joint venture company named Hangzhou MTR Corporation Limited (Hangzhou MTR) which was also registered in Sep 2012. The new line was a Public-Private Partnership project with a total capital of about RMB 22bn. The joint venture was responsible for the mechanical and electrical element of the project (Part B) including the rolling stock which equaled to an investment of RMB 8.29bn (US$ 1313.79 million), out of which the equity was RMB 4.54bn. MTR Corporation had a 49% stake in Hangzhou MTR with the balance owned by Hangzhou Metro Group Company Limited. Hangzhou MTR would operate the line (both part A and part B) for 25 years. The metro line featured 31 stations running from the south to the north of the Hangzhou City. Construction commenced in Mar 2007 and the project came into operation in Nov 2012. The debt/equity ratio was 45/55.
Original sector	Transport
Procurement method
Budget

Location

Country

China

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Mass Transit, Rail, Commercial, Power Generation (CCGT), Government
Article published date	2024-09-21

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