Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Construction of Chengde - Qinhuangdao Highway
Type Expansion of transportation capacity
Description
The section of Chengde-Qinhuangdao highway within the Chengde area will be constructed with a total length of 176.8 kilometres. It comprises part of Highway 101 of the national road system in the Chengde area and the Provincial road 331. It is planned to be a toll road and constructed in accordance with following technical standards: Design standards: level/light rolling Class II general highway; Design load: truck 20 tons, trailer 100 tons; Design speed: 80 km/h; Roadway width: 12.0 m+2*0.5 m; Design flood frequency: large and medium bridge 1/100, culvert and subgrade 1/50.
Rationale
Chengde is known as one of the ten famous tourism resorts in China. Chengde - Qinhuangdao highway is the essential route to the golden triangle tourism area of Beijing, Chengde and Qinhuangdao. It is also the only way from North-eastern China to the sea. The project will be an additional source of revenue and will play an important role in the development of the region.
Outputs
Expanded Chengde - Qinghuangdao highway
Location Chengde city, Hebei province
Available Information Project Investigation Report
Total Investment (US$)

86.71 million

Foreign Currency (US$)

Financing

Co-operation Sought

Total Equity (US$)

86.71 million

Of which Equity Foreign Partner (US$)

73.71 million

BOT

Loan (US$)

Joint Venture

Others(specify) (US$)
Indicators of Viability Benefit/Cost Ratio: 1.11; NPV (at the discount rate of 10%): US$ 8.0 million; IRR: 11.3%, Pay-back Period: 19 years.

INFORMATION ON SPONSOR

Name Chengde Highway & Bridge Construction General Co. Tel +86-314-2064271
Address 7 Xinhua Road, Chengde city, Hebei province Fax +86-314-2062820
Annual Turnover (US$) 1993 8 million 1994 10 million 1995 12 million
Year of Establishment 1961 No. of Employees 770 Ownership State
Fixed Assets (US$) 10.0 million Registered Capital (US$)
Land (ha) Building (m*m) Equipment (US$)

 


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