Zhengzhou $3 billion Metro Line 3 PPP Project

Overview:

• The Zhengzhou Metro Line 3 project is one of the second batch model PPP projects selected by the Ministry of Finance of China.
• It will have a length of 25 km and 31 stations and will be the backbone of Zhengzhou City Centre with a total investment of Rmb21 billion.
• The Line 3 Project introduces the World Bank loan and project implementation incorporates the World Bank's experience in infrastructure investment and financing and project management.
• This project combines PPP procurement and the general contractor procurement to ensure integration of project investment, construction and operation, and maximise the benefits of the PPP model.

Adam Majeed - Regional editor