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Shanghai Industrial Holdings Limited

Sector: Airport • Location: China

Source: World Bank Group

Project
Active

Shanghai Industrial Holdings Limited is a subsidiary of Shanghai Industrial Investment (Holdings) Ltd (SIIC), the overseas investment arm of the Shanghai Municipal government. SIIC holds 65% of SIHL, and the remaining 35% of SIHL was placed on the Hong Kong Stock Exchange on 30 May 1996. SIHL's market capitalization at the time of listing was US$ 500 million. In May 1997, SIHL bought interests of

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The project “Shanghai Industrial Holdings Limited” is an infrastructure initiative in the Airport sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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Company

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Status

Original status

active

Taiyo status

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Taiyo last update

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Email

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Description

Description

Shanghai Industrial Holdings Limited is a subsidiary of Shanghai Industrial Investment (Holdings) Ltd (SIIC), the overseas investment arm of the Shanghai Municipal government. SIIC holds 65% of SIHL, and the remaining 35% of SIHL was placed on the Hong Kong Stock Exchange on 30 May 1996. SIHL's market capitalization at the time of listing was US$ 500 million. In May 1997, SIHL bought interests of 35% in the Shanghai Inner Ring Road and the North-South Elevated Expressway for US$600 million (HK$4,649 million), partially funded by an injection of assets from SIIC. The Inner Ring Road is a 47.66km two way, two lane expressway around Shanghai City. The North-South Expressway is an 8.45km elevated expressway in the centre of the city, with three lanes in each direction. The Company gets 80% of the revenue from these projects. The Company also has an interest in the Yunan Road Elevated Highway connected Hongqiao International Airport with Shanghai. None None

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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