Hegang City Highway Infrastructure Project

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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