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Upgrading the highway network of Acheng District

Sector: Bridge • Location: China

Source: World Bank Group

Project
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The project involves the investment, financing, construction, operation and maintenance of the upgrading the highway network of Acheng District, Harbin, Heilongjiang Province of China. The project consists of a total of 9 highways to be repaired with a total length of 143.129 KM and a total of 26 bridges to be demolished and rebuilt, with a total length of 629.96 meters. The sponsors are Heilongji

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Project Information

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The project “Upgrading the highway network of Acheng District” is an infrastructure initiative in the Bridge sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the investment, financing, construction, operation and maintenance of the upgrading the highway network of Acheng District, Harbin, Heilongjiang Province of China. The project consists of a total of 9 highways to be repaired with a total length of 143.129 KM and a total of 26 bridges to be demolished and rebuilt, with a total length of 629.96 meters. The sponsors are Heilongjiang Province Bada Road and Bridge Construction Co., Ltd with a 81.54% and Acheng State-owned Company with 18.46%. The project company's name is not disclosed. The project cost amounts to CNY 416.24 million or $ 60.4 million. The project is structured under BOT model for a concession period of 15 years. The return mechanism is government payment. Financial close was reached on 8 July 2019.

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