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Reconstruction of section (Zhangzhou Economic Development), part of highway G105

Sector: Road • Location: China

Source: World Bank Group

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The project entails the reconstruction of section (Zhangzhou Economic Development), part of highway G105. Total investment stands at $ 262.14 million. SPV is Zhangzhou Jingdao Construction Engineering Co., Ltd., a JV between the sponsors Zhangzhou Development Town Investment and Development Co., Ltd. (70%), China Construction Fifth Engineering Bureau Co., Ltd. (20%) and the state-owned Zhangzhou M

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The project “Reconstruction of section (Zhangzhou Economic Development), part of highway G105” is an infrastructure initiative in the Road sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the reconstruction of section (Zhangzhou Economic Development), part of highway G105. Total investment stands at $ 262.14 million. SPV is Zhangzhou Jingdao Construction Engineering Co., Ltd., a JV between the sponsors Zhangzhou Development Town Investment and Development Co., Ltd. (70%), China Construction Fifth Engineering Bureau Co., Ltd. (20%) and the state-owned Zhangzhou Manyuan Construction Development Co., Ltd. (10%). Total length of the section is 18.9 km. Type of concession is BOT with a contract period of 12 years. Financial close took place on March 6, 2019. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=8a0a87ccc9da493dabf5b40a585c2c66

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