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S313 Jinhua City Wucheng-Lanxi Section Rehabilitation Project (Lanxi Section)

Sector: Road • Location: China

Source: World Bank Group

Project
Active

On January 2, construction of the S313 Jinhua City Wucheng-Lanxi Section Rehabilitation Project (Lanxi Section) commenced in Jinhua City, Zhejiang Province under a Build Operate Transfer model. The developer was a local private company Zhongtian Construction Group, which won the contract through open bidding. The total investment was US$ 179.81 milloin (RMB 1.21504 billion) and Zhongtian Construct

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The project “S313 Jinhua City Wucheng-Lanxi Section Rehabilitation Project (Lanxi Section)” 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

On January 2, construction of the S313 Jinhua City Wucheng-Lanxi Section Rehabilitation Project (Lanxi Section) commenced in Jinhua City, Zhejiang Province under a Build Operate Transfer model. The developer was a local private company Zhongtian Construction Group, which won the contract through open bidding. The total investment was US$ 179.81 milloin (RMB 1.21504 billion) and Zhongtian Construction had a 100% stake in it. The local government contributed a subsidy of US$ 44.40 million (RMB 300 million). The total length was 15.39 km. The concession term was 16 years.

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Source

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High

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