Shanxi Province National and Provincial Road Surface Reconstruction Project (Taiyuan, Yangquan)

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The project entails the road reconstruction of a total of 173.21 km in Taiyuan and Yangquan, China. Reconstruction works include Taiyuan National Highway 339 with a length of 142.137 km and Yangquan National Highway 307 and 2 other roads with length of 31.073 km. Shanxi Provincial Highway Bureau, the implementing agency of the 21-year concession, signed a PPP project contract with CCCC First Public Bureau Group Co. (95%) and Shanxi Jinlu Investment Development Co. (5%). The project company, CCCC No. 1 Public Bureau Jin Road Engineering Construction Co. Ltd., will invest, finance, construct, operate and transfer the project, which also includes operation and maintenance of roadbeds, pavements, bridges, culverts, tunnels, traffic engineering, etc. The total project cost is $81.06 million (514.27 million Yuan). Financial close was achieved on 1 April, 2022. https://www.cpppc.org:8082/inforpublic/homepage.html#/projectDetail/2c58ee3a195e4ced8db44a6611efe25e