logo

Jieyang Highway Network

Sector: Commercial • Location: China

Source: World Bank Group

Project
Cancelled

In November 1994 and February 1995, Road King Infrastructure signed a four 30-year joint venture contracts with a SOEs in Guangdong Province for the construction and operation of the Jieyang Highway Network. The Network comprises: National Highway 206 (Jieyang-Shantou Highway - 20km, Jieyang Fengshun Highway - 36.9km) and Provincial Highway 1930 (Jieyang-Chiwei Highway - 29.7km, Jieyang-Chanzhou H

Status
Closed
Sector
Commercial, Road, Government, Automotive
Location
China
Updated
22 Jul 2026
Source
World Bank Group

ConstructChat

Ask ConstructChat about Jieyang Highway Network

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

5 Q
The project “Jieyang Highway Network” is an infrastructure initiative in the Commercial sector, located in China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In November 1994 and February 1995, Road King Infrastructure signed a four 30-year joint venture contracts with a SOEs in Guangdong Province for the construction and operation of the Jieyang Highway Network. The Network comprises: National Highway 206 (Jieyang-Shantou Highway - 20km, Jieyang Fengshun Highway - 36.9km) and Provincial Highway 1930 (Jieyang-Chiwei Highway - 29.7km, Jieyang-Chanzhou Highway - 24.1km). Road King has a 50% stake in the joint ventures and the PRC partner retains ownership of the roads. Road King has invested a total of US$ 62.1 million (HK$ 480 million) in the construction and maintenance of the roads, and receives 50% of toll revenues in return. The network recorded a 26.7% increase in toll revenues between 1996 and 1997. In 1997 tolls ranged from Rmb 2 to Rmb 30 per vehicle. Road King funds its project 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. Roadking sold its share in the project in June 2001.

Original sector

Transport

Budget

Location

Country

China

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Road, Government, Automotive

Article published date

2024-10-01

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project