Roadway No. 1969 (Gaoyao Section)
Sector: Commercial • Location: China
Source: World Bank Group
In August 1996, New World Infrastructure (NWI) signed a 28 year jv contract with the SOE, Gaoyao CIty Highway Development Co, to build and operate a 27km toll road connecting Zhaoqing with Gaoming, Heshan, Jiangmen and Zhuhai. At the time of signing, the dual 1-lane road was expected to take one year to build and to become operational in early 1998. NWI has a 58% stake in the project and invested
- Status
- Prospective
- Sector
- Commercial, Road, Government, Automotive
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
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Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In August 1996, New World Infrastructure (NWI) signed a 28 year jv contract with the SOE, Gaoyao CIty Highway Development Co, to build and operate a 27km toll road connecting Zhaoqing with Gaoming, Heshan, Jiangmen and Zhuhai. At the time of signing, the dual 1-lane road was expected to take one year to build and to become operational in early 1998. NWI has a 58% stake in the project and invested US$ 8.07 million - US$ 3.23 million as equity and US$ 4.84 as a loan. The total project cost US$ 11.53 million, with the PRC partner contributing US$ 3.46 million. Average traffic flow for the first year was predicted at 5,000 vehicles per day, and average tarriff Rmb 7.9 per vehicle. |
Original sector | Transport |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Road, Government, Automotive |
Article published date | 2024-09-23 |
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