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Completed the Evaluation on the Project Proposal of the Linyi to Lianyungang Road (Jiangsu Sect) within Jiangsu Province (Mar 29, 2006)


ĦĦJanuary 9, 2006, by issuing document [2006] No. 37, the National Development and Reform Commission entrusted BOT Investment Co., Ltd. to evaluate the Linyi to Lianyungang Road (Jiangsu Sect) within Jiangsu Province.
ĦĦUpon receiving the document, our corporation immediately organized a project expert term, made front preparation and set down specific working schedule. From Feb. 10, 2006 to Feb 14, Dai Riyong, the President led the project team and expert team to the project site in Lianyungang of Jiangsu province to make investigation, and then held a research meeting on the FSR, followed by detailed communication and discussion with relevant project institutions on existing questions. After comprehensive evaluation on the Project Proposal and the supplementary materials, our corporation submitted BOT Transportation [2006] No. 007 Ħ°Evaluation Report on the Project Proposal of the Linyi to Lianyungang Road (Jiangsu Sect) within Jiangsu ProvinceĦħ to the NDRC on Mar. 29, 2006, and successfully completed this evaluation task.
ĦĦThe construction scale of this project is: the total length of the main line is 50.18 km; the total length of the 30 large and medium-sized bridges is 12864 m; the construction period is 3 years. The estimated investment of this project is 3.134 billion RMB, of which 2.947 billion is static investment.
ĦĦThe construction of the proposed project is necessary to the completion of the trunk lines of the state expressway network, the implementation of the development planning of the expressway network in Jiangsu province, the completion of the regional comprehensive transportation system, and the adaptation to the regional transportation development. The completion of this project would bring obvious social profit to the following aspects: promotion of the economic development in the Subei and Lunan regions, enhancement of the state major hinge construction process in Lianyungang, improvement of the city construction in Lianyungang and the development condition for the harbor industry, etc.