Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Construction of Nanchang-Zhangshu Expressway
Type Establishment of new transportation capacity
Description
The Nanchang-Zhangshu expressway will be a section of Jiangxi-Guangdong highway, which is in the planning stage, as well as a common section of both the Beijing-Fuzhou and Shanghai-Ruili national roads planned by the Ministry of Communications. The expressway will be constructed in accordance with following technical standards: Geometric design standard: level/light rolling; design load: truck 20 tons, trailer 120 tons; design speed: 120 km/h; roadway width: 2*7.5 m: design flood frequency: bridge, culvert and subgrade 1/100.
Rationale
It is anticipated that by the year 2000 the total traffic volume of the section of expressway will grow to 14,000 vehicles/day, and by 2017 it will reach 43,780 vehicles/day. As the planned expressway is a toll road, this project will have significant benefits both in economic and social terms.
Outputs
Established Nanchang-Zhangshu expressway with a total length of 70.61 km
Location From ShengZhuang, North suburbs of Nanchang City, to Zhangjiashan of Zhangshu City, Jiangxi province
Available Information Brief Introduction to the Project
Total Investment (US$)

185.7 million

Foreign Currency (US$)

Financing

Co-operation Sought

Total Equity (US$)

185.7 million

Of which Equity Foreign Partner (US$)

120.2 million

Joint Venture

Loan (US$)

BOT

Others(specify) (US$)
Indicators of Viability

Dynamic Pay-back Period: 18 years

(at the discount rate of 12% )

INFORMATION ON SPONSOR

Name Jiangxi Highway Development Corporation Tel +86-791-6243588
Address 27 Zhanqianxi Road, Nanchang city, Jiangxi province Fax +86-791-6261564
Annual Turnover (US$) 1993 1994 1995
Year of Establishment 1993 No. of Employees 36 Ownership State
Fixed Assets (US$) Registered Capital (US$) 2.35 million
Land (ha) Building (m*m) Equipment (US$)

 


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