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Roadway No. 1959 (Qingxin Section)

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Source: World Bank Group

Project
Active

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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The project “Roadway No. 1959 (Qingxin Section)” is an infrastructure initiative in the Automotive sector, located in Guangdong, China. Taiyo aggregates data on it from World Bank Group.

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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