Li County Urban Road Network PPP Project
Sector: Government • Location: China
Source: World Bank Group
On May 19, 2017, contraction of an urban road network project commenced in Li County, Changde City, Hunan Province. The sponsor of the PPP project was a local private company Longyuan Construction Group Co., Ltd. which won the PPP contract through an open bidding process. The project involved 38 scattered sites. The total investment was US$ 654.47 million (RMB 4499.3071 million) and Longyuan had a
- Status
- Prospective
- Sector
- Government, Road, Commercial
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Sponsoring Agency | |
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On May 19, 2017, contraction of an urban road network project commenced in Li County, Changde City, Hunan Province. The sponsor of the PPP project was a local private company Longyuan Construction Group Co., Ltd. which won the PPP contract through an open bidding process. The project involved 38 scattered sites. The total investment was US$ 654.47 million (RMB 4499.3071 million) and Longyuan had a 97% stake in the project with the remaining shares belong to the local government. The concession period was 15 years including 36 months for construction. |
Original sector | Transport |
Procurement method | |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Government, Road, Commercial |
Article published date | 2024-05-26 |
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