Shanxi Province National and Provincial Road Surface Reconstruction Project (Jinzhong)

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The project entails the road reconstruction of a total of 284.281 km in Shanxi Province, China. Reconstruction works include: (1) National Highway 207 K992+000~K1001+000, K1029+253~K1049+000 Road; (2) National Highway 339 K455+682~K482 +236, K510+179~K618+232 section pavement; (3) Provincial highway K109+200~K141+315 section pavement; (4) National highway 340 section K675+798~K732+298 pavement; (5) K30+000-K57+300 and K68+900-K101+387 sections of the road from Zuoquan Sucheng to Yushe County on the Nantai Line of Provincial Highway. The project company, Jinzhong Jianyuan Road Renovation Project Management Co., will invest, finance, construct, operate and transfer the project, which also includes operation and maintenance of roadbeds, pavements, bridges, culverts, tunnels, traffic engineering, etc. Sponsors of the project are Shanxi Construction Engineering Group Co. with 85.03% stake, Shanxi Construction Investment Group Co. with 9.5%, Qingdao Construction Engineering Road and Bridge Group Co. with 0.47% and Shanxi Jinlu Investment Development Co. with 5% equity. The concession is for a period of 21 years and is developed under BOT mode. Total investment stands at $133.21 million. Financial close took place on May 20, 2022. https://www.cpppc.org:8082/inforpublic/homepage.html#/projectDetail/3c1fa6ce596b47b2989ae370c8ad2a8b