The first highway PPP project in Ningxia signed a contract to introduce social capital of 5.7 billion yuan
Ningxia hardness test methods many first highway PPP projects signed a contract to introduce social capital of 5.7 billion yuan during the "1035" period
recently, the transportation department of Ningxia Hui Autonomous Region signed a formal contract with Ningxia transportation investment company, CCCC Second Harbor Engineering Bureau Co., Ltd., and Ningxia road and Bridge Co., Ltd, Adopt PPP mode to build Ningdong tianshuibao section of Yinchuan Baise Expressway and Shizuishan Hongyazi Yellow River Bridge. Among them, the Ningdong tianshuibao section of YinBai expressway is the first highway PPP project in Ningxia and the largest transportation PPP project in Ningxia so far
the Ningdong tianshuibao section of YinBai expressway is 112.32 kilometers long, with a total investment of 6.8 billion yuan. It is planned to start construction in October 2017 and be completed and opened to traffic in September 2020. Shizuishan Hongyazi Yellow River Bridge is 21.68 kilometers long, with a total investment of 1.137 billion yuan. It is planned to be completed and opened to traffic in September 2019. The two projects plan to apply for a special subsidy of 2.229 billion yuan from the central vehicle purchase tax fund, and plan to introduce a social capital investment of 5.708 billion yuan, which is mainly responsible for financing, construction, operation management and maintenance
the head of the transportation department of Ningxia Hui Autonomous Region revealed that it is the first time that the cooperation mode between the government and social capital is adopted in the highway construction in Ningxia. The old mode of "loan road construction, charging and loan repayment, and the government bearing b) first-class goods (b); guarantee, and financial repayment" will be changed to attract more fresh capital into the transportation construction in Ningxia
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