Expressway contract won by CRCC consortium
27 February 2017
China Rail Construction Corporation (CRCC) has announced that its consortium has won the contract for the Huangshan-Qiandao Lake Section of Liyang-Ningde Expressway and the Wuwei-Yuexi Section of Shanghai-Wuhan Expressway. The consortium comprises Anhui Transportation Holding Group and China State Construction Engineering Corporation.
A total of RMB22.893 billion (US$3.33 billion) will be invested in the projects using a Build, Operate and Transfer (BOT) + Engineering, Procurement and Construction (EPC) + government subsidy model.
The Huangshan-Qiandao Lake Section of G4012 Liyang-Ningde Expressway has a construction period of 4 years, and the Wuwei-Yuexi Section of G42S Shanghai-Wuhan Expressway has a construction period of 3 years.
