Beijing Rmb14 billion Xinglongkou-Yanqing (Xingyan) PPP Expressway

1/4/2016
PPP

Rmb 14 billion

$ 2 billion

Announced

1/4/2016


Overview:

  • The Beijing Rmb14 billion Xinglongkou-Yanqing (Xingyan) PPP Expressway will link the North West 6th Ring Road to the north of the Yingchengzi interchange toll station on the Beijing-Tibet Expressway, over a 42.4 km expressway.
  • About 3,846.65 mu of land is expropriated for the construction of the mainline section, about 1,270.85 mu for the interchange section, with a total of about 4,584.5 mu for the whole line.
  • The project originally planned to use public funds and debt financing, but now the PPP model is being used.
  • The Beijing Municipal Government appointed the Beijing Municipal Commission of Transport to implement the PPP.
  • In the project, the Beijing Capital Highway Development Group contributed 25% of the total investment and social investors contributed 26%.

Adam Majeed - Regional editor

 

Jurisdiction:

China

Deal type:

PPP

Practice areas:

Project development
PPP/PFI

Industry sector:

Transport


Firm: