[ET Net News Agency, 21 November 2017] China Railway Construction Corporation (CRCC)
(01186) said a consortium comprising the company, China Railway 16th Bureau Group Co.,
Ltd. and China Railway Construction Bridge Engineering Bureau Group Co., Ltd. won the bid
for the PPP project of the north line expressway of the new airport (Beijing section).
The project will be constructed by being divided into three sections, namely the middle
section, the eastern extension section and the western extension section, with total
investment of Rmb11.0007 billion. The construction of the middle section is estimated to
be completed on 31 December 2018 and the constructions of the eastern extension section
and the western extension section are estimated to be completed on 30 June 2019. The
operation period will be 25 years commencing from 1 July 2019 to 30 June 2044. (HL)