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Xichang City Municipal Road Construction Project

Sector: Car parking • Location: China

Source: World Bank Group

Project
Active

The project scope includes the construction of 13.19 km of municipal roads in Xichang City, China and the development of Venture Innovation Incubation Park of 35,564 square meters, with a total construction area of 148,142.92 square meters. The project operates as BOT and the contract period is 15 years. The private participation is 70% while the rest of the equity is provided by Xichang State-o

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The project “Xichang City Municipal Road Construction Project” is an infrastructure initiative in the Car parking sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project scope includes the construction of 13.19 km of municipal roads in Xichang City, China and the development of Venture Innovation Incubation Park of 35,564 square meters, with a total construction area of 148,142.92 square meters. The project operates as BOT and the contract period is 15 years. The private participation is 70% while the rest of the equity is provided by Xichang State-owned Capital Production Management Co., Ltd in the amount of $ 18.26 million. The total investment amounts to $ 186.83 million of which $ 60.87 million are equity and the rest is debt. Financial closure took place in 2018. http://www.cpppc.org:8083/efmisweb/ppp/projectLibrary/getProjInfoNational.do?projId=032c046631d14a6db3fdd3f95bbc08ae

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