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Nanhai Road Network

Sector: Road • Location: China

Source: World Bank Group

Project
Cancelled

In 1996, Cheung Kong Infrastructure (CKI) signed a joint venture agreement for 24 to 28 years. Under the joint venture they will operate a 140km dual 2 or 3 lane class 1 highway in Nanhai. At financial closure, the road was expected to be operational in 1999. The total project costs are HK$2,554 million (US$ 330 million), of which CKI is investing HK$1,394 million (US$180 million). CKI has shares

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The project “Nanhai Road Network” is an infrastructure initiative in the Road sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

Sponsoring Agency

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Company

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Status

Original status

Cancelled

Taiyo status

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Contact

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Email

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Description

Description

In 1996, Cheung Kong Infrastructure (CKI) signed a joint venture agreement for 24 to 28 years. Under the joint venture they will operate a 140km dual 2 or 3 lane class 1 highway in Nanhai. At financial closure, the road was expected to be operational in 1999. The total project costs are HK$2,554 million (US$ 330 million), of which CKI is investing HK$1,394 million (US$180 million). CKI has shares in the joint venture ranging from 49% to 64.4% depending on the road. CKI disposed of its shares in the project in 2002.

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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