Jingkai Section of the southern section of Huaguan Road, Guiyang City

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The project involves the investment, financing, construction, operation and maintenance of the 4.64 KM Jingkai Section of the southern section of Huaguan Road in Guiyang City, Guizhou Province of China. The designed speed is 60 KM/h. The project also includes 2 tunnels (200m Yangzhong Tunnel and 472m Datunshan Tunnel) and 4 diamond-shaped interchanges (Guihui Avenue Interchange, Zhujiang Road Interchange, Development Avenue Interchange, Yellow River Road Interchange). The project cost amounts to CNY 2.079 billion or $ 310.07 million. The SPV is called Guiyang Jingnan City Construction Co., Ltd and owned by 2 sponsors: state-owned Guiyang Economic and Technological Development Zone Guihe Investment Development Co., Ltd with 10% stake and Guiyang City Development Investment (Group) Co., Ltd with 90% stake. The project is structured under BOT model for a concession period of 15 years. The return mechanism is a feasibility gap subsidy. Financial close was reached on 1 February 2019. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=550a8c7a0cb54014b2dcdff488864ed0