Roadway No. 1959 (Qingxin Section)
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Source: World Bank Group
The project includes the construction of a new road and operation for 30 years. The contract was signed in August 1997 and the construction works were to be completed by November 1998, whereby the company will start charging toll rates. The project company is headed by New World Infrastructure through its subsidiary Achieve Success Ltd, which owns 79% of the shares (the remaining shares are held
- Status
- Prospective
- Sector
- Automotive, Government, Road, Commercial
- Location
- Guangdong, China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project includes the construction of a new road and operation for 30 years. The contract was signed in August 1997 and the construction works were to be completed by November 1998, whereby the company will start charging toll rates. The project company is headed by New World Infrastructure through its subsidiary Achieve Success Ltd, which owns 79% of the shares (the remaining shares are held by Qingxin County Communications Construction Development Co., a state-owned enterprise). The toll road will have dual two lanes and two one-way toll collection. The expected traffic flow is 28,700 vehicles per day. Financial closure was achieved as follows: US$ 19.5 million in equity and US$ 4.9 million in loans. Both the national and the provincial government provide tax incentives. None None |
Original sector | Transport |
Budget |
Location
Country | China |
State | Guangdong |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Automotive, Government, Road, Commercial |
Article published date | 2023-02-20 |
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