Provincial Highway 268
Sector: Road • Location: Guangdong, China
Source: World Bank Group
In January 1994, Road King Infrastructure signed a 15 year joint venture contract for the operation of the Zhongshan Shiqi-Jiangmen Highway in Guangdong Province. The road is a 26.5-km class II highway. Road King received a 75% share in the project and 75% of toll revenues in return for an investment of HK$ 78 milliion (US$ 10.1 million). Road King's toll income increased 13.3% from 1996 to 1997;
- Status
- Closed
- Sector
- Road, Government
- Location
- Guangdong, China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | concluded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In January 1994, Road King Infrastructure signed a 15 year joint venture contract for the operation of the Zhongshan Shiqi-Jiangmen Highway in Guangdong Province. The road is a 26.5-km class II highway. Road King received a 75% share in the project and 75% of toll revenues in return for an investment of HK$ 78 milliion (US$ 10.1 million). Road King's toll income increased 13.3% from 1996 to 1997; it has increased every year since Road King took over in 1994. 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. In June 2003, Road King completed the disposal of its intire interest in the Zhongshan highway project for HK$63 million. Can't find who the stake was sold to! |
Original sector | Transport |
Budget |
Location
Country | China |
State | Guangdong |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Government |
Article published date | 2024-05-20 |
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