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Tangshan-Tianjin Expressway
| Tangshan-Tianjin Expressway |
| Grade |
Expressway, 4/6 lanes |
| Project Mileage |
58.21 kilometers |
| Project Total Investment |
RMB 1,775 million |
| Road King’s Investment |
RMB 799 million |
| Interest Owned by the Group |
45% |
| JV Period |
18 years |
| JV Expiry Date |
30 January 2023 |
| JV Partner |
Hebei Province Road Investment and Management Office |
Significance:
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Component of the Changchun to Shenzhen Expressway, one of the nine lines running north-south in the national expressway network. |
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Connecting route of the major national trunk, Beijing-Shenyang Expressway and Beijing-Fuzhou Expressway. |
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Major road connecting the southern and eastern coastal area, Tianjin, Hebei Tangshan, Qinhuangdao and the Northeastern region. |
Traffic & Toll Revenue:
| PAST YEARS |
2007 |
2006 |
2005 |
| Average Daily Traffic |
28,700 |
22,400 |
19,100 |
| Annual Toll Revenue (thousand RMB) |
470,500 |
408,000 |
313,400* |
* The annual total revenue has only reflected 11 months result as the operation of the project commenced in Feb 2005.
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