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Hanmen-Qilipu Road Project in Gongyi City

Sector: Road • Location: China

Source: World Bank Group

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The project involves the investment, financing, construction, operation and maintenance of a 10.236 KM Hanmen-Qilipu secondary road in Gongyi City, Henan Province of China. The starting point of the route is located in Xiyan, Zhongyuan Road, and the ending point is at the K109 position of Provincial Highway S312. The designed speed is 60 KM/h. The project SPV is called Gongyi City Nongchang Road

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The project “Hanmen-Qilipu Road Project in Gongyi City” is an infrastructure initiative in the Road sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the investment, financing, construction, operation and maintenance of a 10.236 KM Hanmen-Qilipu secondary road in Gongyi City, Henan Province of China. The starting point of the route is located in Xiyan, Zhongyuan Road, and the ending point is at the K109 position of Provincial Highway S312. The designed speed is 60 KM/h. The project SPV is called Gongyi City Nongchang Road and Bridge Engineering Co., Ltd and owned by 2 sponsors: state-owned Gongyi City Changda Road and Bridge Engineering Co., Ltd with 5% stake and Gongyi City Rural Construction Development Co., Ltd with 95% stake. The project cost amounts to CNY 530.94 million or $ 78.93 million. The project is structured under BOT model for a concession period of 18 years. The return mechanism is fixed government payment. Financial close was reached on 12 March 2019. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=70b1cc1ddd374c798ede50b4b71b1523

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