Hefei-Huainan National Highway 206
Sector: Road • Location: China
Source: World Bank Group
In July 1997, Road King Infrastructure signed two joint venture (JV) contracts for the upgrade and operation of the Dayang and Yangjin sections of the Hefei-Huainan Highway (National Highway 206) for 25 years. The 90-km (50-km & 40-km) super class II highway links Hebei, the capital of Anhui Province, with Bengbu, the second largest city. Road King obtained a 60% equity stake in the JV, in return
Project Information FAQ
Project Information
Want to explore the full details? View the full report
Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In July 1997, Road King Infrastructure signed two joint venture (JV) contracts for the upgrade and operation of the Dayang and Yangjin sections of the Hefei-Huainan Highway (National Highway 206) for 25 years. The 90-km (50-km & 40-km) super class II highway links Hebei, the capital of Anhui Province, with Bengbu, the second largest city. Road King obtained a 60% equity stake in the JV, in return for investment of HK$ 238 million (US$ 30.8 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. Toll collection on the road started in September 1997, at a standard toll of Rmb5/ton/vehicle. Maximum daily traffic reached 13,000 vehicles. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
