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The Evaluation for The Feasibility and Research Report of The Road between Xiamen to Zhangzhou (July 17, 2008)


On March 17, 2008, the National Development and Reform Commission entrusted BOT Investment Co., Ltd. to evaluate The Feasibility and Research Report of The Road between Xiamen and Zhangzhou in Fujian Province. Our corporation immediately established a project expert term, made preliminary preparations for the evaluation work and set down detailed work schedules. The evaluation and expert team led by Zhaozhumin, the Assistant of President held a research meeting in Xiamen, followed by detailed communication and discussions with relevant project institutions about the questions. After the comprehensive evaluation on the Feasibility Study Report and the supplementary materials supplied by the project institutions, our corporation successfully completed the evaluation task on July 17, 2008 by submitting the document named ¡°the Evaluation Report for The Feasibility Study of The Road between Xiamen and Zhangzhou in Fujian Province¡± to the National Development and Reform Commission.
The construction scope of this project: the total length of the main road is 57.8km. There¡¯re 20 bridges with the total length of 17975m. It will take three years to complete. After the evaluation, the adjusted budget of this project is RMB8.588 billion, of which the static investment is RMB 7.936 billion.
The construction of this project is essential to the perfection of national expressway network, to the implement of transport development plan of Haixi Economic Region road and water line, to the development of regional comprehensive conveyance network and to the adaptation of the development of the regional transportation. ?Upon the completion of this project, it will generate substantially social benefit of accelerating the construction development of Haixi Economic Region, to the economic development of Fujian areas, to the advance of the Great Cause of Peaceful National Reunification etc.