The hottest Xingyan Expressway PPP project attract

Xingyan Expressway PPP project attracted 9.7 billion yuan of social funds

Xingyan Expressway PPP project attracted 9.7 billion yuan of social funds

China Construction Machinery Information

Xingyan expressway, the first expressway PPP project constructed through public bidding in China, was signed on the morning of November 3. The author learned from the Beijing Municipal Transportation Commission that the Municipal Transportation Commission, on behalf of the municipal government, formally signed an investment agreement with the consortium of China Railway Construction Co., Ltd. for the Xingyan Expressway PPP project, which attracted 9.7 billion yuan of social funds

the project will alleviate the current traffic pressure in the northwest of Beijing.

Xingyan expressway is one of the important supporting transportation infrastructure for the 2019 Yanqing Expo and the 2022 Winter Olympics. The project is located in the west of the Beijing Tibet expressway, with a north-south direction, starting from the northwest 61 general ring road in the south, and north to the Yingchengzi interchange toll station of the Beijing Tibet Expressway in the north. The total length of the project is about 42.4 kilometers. The total investment of the project is about 13.1 billion yuan, and it is planned to be completed and opened to traffic by the end of 2018. The project has 4 toll stations, 3 super large bridges and 3 super long tunnels (the total length of Shixia tunnel is 5700m), and the bridge tunnel ratio exceeds 60%. The project has many difficulties, such as large engineering investment, difficult construction and tight construction period (the theoretical construction period is about 40 months)

after the completion of the project, it will add a fast track to the northwest of Beijing on the basis of the original Beijing Tibet Expressway and Beijing Xinjiang expressway, effectively alleviate the current traffic pressure in North China and the northwest of Beijing, strongly support the passenger and freight diversion policy in the northwest of Beijing, further promote the regional traffic integration of Beijing, Tianjin and Hebei, and shorten the space-time distance between the central city of Beijing and Zhangjiakou, Hebei, At the same time, it plays an important role in driving and promoting Yanqing County and the northern mountainous area of Changping to break through the traffic bottleneck in and out of Beijing and achieve rapid development, and the length of the experimental gauge is not less than 60 times the nominal diameter

the first expressway PPP project constructed through public bidding in China

Xingyan Expressway PPP project is the key project of the second batch of demonstration project library of the cooperation mode between government and social capital issued by the Ministry of Finance on September 25th, 2015. It is the first expressway PPP project constructed through public bidding since the PPP mode was promoted at the national level last year and a series of new relevant systems and regulations were issued. The successful completion of the project provides a successful case for the promotion of Expressway PPP projects in Beijing and even the whole country in the future

in accordance with the requirements of the State Council, the Ministry of transport, the Ministry of finance, the national development and Reform Commission, the municipal Party committee and the municipal government in 2014 to "encourage and support the participation of social funds in infrastructure investment through the cooperation mode between the government and social capital", we should strengthen reform and give full play to the role of the market. The Municipal Transportation Commission actively introduces social capital to participate in the construction and operation management of Xingyan expressway through the cooperation mode between the government and social capital (PPP). After 8 months of investment preparation, the consortium of China Railway Construction Co., Ltd. was officially determined as the bid winner on September 14, 2015 by publicly describing the critical pressure of chemical resistance (OC) unit megapascals (MPA), that is, the critical pressure of cracks after 15 minutes of contact with some chemical reagents

as the representative of the municipal government's investors, the first group and China Railway Construction Co., Ltd. jointly established a project company, which is jointly responsible for the investment, construction, operation and management of Xingyan expressway, with an operation period of 25 years