On September 6, 2011, the National Development and Reform Commission entrusted BOT Investment Co., Ltd. to evaluate the Application Report of the second period Road between Shazhuang in Zengcheng to Beixing in Huadu in Guangdong 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 Mr. Dai Riyong, the President, held a research meeting in Guangzhou , followed by detailed communication and discussions with relevant project institutions about the questions. After the comprehensive evaluation on the Application Report and the supplementary materials supplied by the project institutions, which focus on analysis of the project the investor's qualifications, capabilities and programs of investment and financing, investors choose the legality of the concession contract conditions, our corporation successfully completed the evaluation task on November 14, 2011 by submitting the document named the Evaluation Report for the Application Report of the second period Road between Shazhuang in Zengcheng to Beixing in Huadu in Guangdong Province. to the National Development and Reform Commission.
The construction scope of this project: the total length of the main road is 44.66 km. It will take three years to complete. After the evaluation, the adjusted budget of this project is RMB 6.26 billion, of which the static investment RMB 5.72 billion.
The construction of this project is essential to the perfection of national expressway network, to the implement of transport development plan of Guangdong road 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 modernization process of Zhujiang Delta, promoting the economic integration of Guangdong-Hong Kong-Macau and urbanization construction etc.