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Hegang City Highway Infrastructure Project

Sector: Road • Location: China

Source: World Bank Group

Project
Active

The project involves the investment, financing, construction, operation and maintenance of first class highways in Hegang City, Heilongjiang Province of China. The scope of the project covers Hegang High-tech and Graphite Industrial Park South Ring Street Construction Project, National Road G332 Luobei to Ebudu Road K112+976~K127+170 Hegang Export Section Overhaul Project Construction Project and

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The project “Hegang City Highway Infrastructure Project” 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 first class highways in Hegang City, Heilongjiang Province of China. The scope of the project covers Hegang High-tech and Graphite Industrial Park South Ring Street Construction Project, National Road G332 Luobei to Ebudu Road K112+976~K127+170 Hegang Export Section Overhaul Project Construction Project and National Road Luoji Highway. The project cost amounts to CNY 137.46 million or $ 20.28 million. The SPV will be 49% owned by the state and 51% owned by private sponsors. The project is structured under BOT model for a concession period of 15 years which includes a 2-year construction period. The return mechanism is fixed government payment. Financial close was reached on 21 January 2019. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=742819b74739436bb46abcc0d0999c27

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High

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