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

active

The project entails the road reconstruction of a total of 297.069 km in Shanxi Province, China. Reconstruction works include: (1) the road surface of the provincial highway K31+000-K57+000 section; (2) the provincial highway K3+000-K83+716 section of the road; (3) sections K0+000-K40+500 and K65-K90+554 of Provincial Highway Ma No. 5 Line; (4) pavement reconstruction of section K39+000-K54+000 of Provincial Highway Shiyang Line; (5) provincial highway Wanwa line K0+400~K31+840, K94+000~K121+000 and K138+640~K190+920; K107+000~K135+880 section pavement. Shanxi Provincial Highway Bureau, the implementing agency of the 21-year concession, signed a PPP project contract with Shanxi Transportation Investment and Financing Group Co. (95.05%), China Railway Third Bureau Group Co. (0.95%) and Shanxi Jinlu Investment Development Co (5%). The project company, Shanxi Expressway Group Construction Investment 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 $109.01 million (734.78 million Yuan) and financial close was achieved on 20 May, 2022. https://www.cpppc.org:8082/inforpublic/homepage.html#/projectDetail/8e5c0082f6b54597920ec8bcd0020585