Sichuan Expressway Wins 2 Contracts

Date:2011-10-20houhaizhen  Text Size:

October 20 -- Sichuan Expressway (RCode: 601107:,0107.HK) won two expressway construction contracts, reports Yicai.com, citing a company filing.

The company will build 162.671 kilometers of expressways connecting Suining-Guangan and Suining-Xichong in Sichuan.

The two contracts entail a total investment of 11.74 billion yuan.

Construction will begin at the end of 2011, and is expected to be completed by the end of 2014.

Sichuan Expressway has the right to collect toll for 29 years and 336 days after the completion of construction.


 

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