Qingdao Metro Line 1 PPP Project

1/2/2017
PPP, Project development

Rmb 11 billion

$ 1.6 billion

Announced

1/2/2017


Overview:

  • Qingdao Metro is a metro system in the city of Qingdao, Shandong province in China—the first line, Line 3 (north section), began operation on 16 December 2015.
  • Qingdao Metro Line 1 will be one of the major routes of the Qingdao metro system, with its overall length of 60 km.
  • This project adopts the public-private-partnership (PPP) and has a total investment of Rmb11 billion ($1.6 billion).
  • Ultimately, there will be 16 lines in total with a combined length of 836 km, and all work is expected to be completed by 2050.

Adam Majeed - Regional editor

Jurisdiction:

China

Deal types:

PPP
Project development

Practice areas:

Project development
PPP/PFI

Industry sector:

Transport


Firms: