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Wuhan Bridge Development

Sector: Road • Location: China

Source: World Bank Group

Project
Cancelled

In July 1994, Wuhan Bridge Construction Co. Ltd. was created for the construction and operation of the New Yangtze Bridge and the operation of the two Han River Bridges. The company was a joint venture among New World Infrastructure (NWI), one PRC commercial enterprise, and two Wuhan City SOEs. NWI has a 48.86% stake in the JV. NWI invested a total of US$101.2 million at a fixed rate. The PRC part

Status
Closed
Sector
Road, Commercial, Bridge, Government, Residential, Automotive
Location
China
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Wuhan Bridge Development” is an infrastructure initiative in the Road sector, located in China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In July 1994, Wuhan Bridge Construction Co. Ltd. was created for the construction and operation of the New Yangtze Bridge and the operation of the two Han River Bridges. The company was a joint venture among New World Infrastructure (NWI), one PRC commercial enterprise, and two Wuhan City SOEs. NWI has a 48.86% stake in the JV. NWI invested a total of US$101.2 million at a fixed rate. The PRC partner has a 50% stake, and contributed the assets of the Han River Bridges and the work in progress on the New Yangtze Bridge. The three bridges connect Hankou and Hanyang. In 1998, the average toll on the bridges is about Rmb 7 per vehicle. Construction was sub-contracted to a local construction company. Toll collection on the bridge ceases on October 1, 2002 due to changes in traffic regulation made by the Wuhan Municipal Government. NWI sold its stake in the company to Wuhan City Construction Fund Management Office for RMBB 1.18 billion. None None

Original sector

Transport

Budget

Location

Country

China

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Road, Commercial, Bridge, Government, Residential, Automotive

Article published date

2024-09-27

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