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The evaluation for the Feasibility Study Report of the Road between the Border of Hebei Province and Beijing to Laishui of the Beijing-Kunming Highway (December 8, 2010)


On October 12, 2010, the National Development and Reform Commission entrusted BOT Investment Co., Ltd. to evaluate the Feasibility Study Report of the Road between the Border of Beijing to Laishui of Hebei Province for the Beijing-Kunming Highway. 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 Mr. Dai Riyong, the President, held a research meeting in Beijing, 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 December 8, 2010 by submitting the document named the Evaluation for the Feasibility Study Report of the Road between the Border of Beijing to Laishui of Hebei Province for the Beijing-Kunming Highway to the National Development and Reform Commission.
The construction scope of this project: the total length of the main road is 24.08km. It will take three years to complete. After the evaluation, the adjusted budget of this project is RMB 1.9 billion£¬of which the static investment is RMB 1.77 billion.
The construction of this project is important to the improvement of road congestion conditions Beijing-Shijiazhuang passage of Beijing and the adoption to the further development of traffic flow channel. The construction of this project is essential to the perfection of national expressway network, 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 development of the integration of Beijing-Tianjin-Hebei Economic Ring, promoting the development of Laishui economy and tourism cooperation etc.