On March 25, 2011, the National Development and Reform Commission entrusted BOT Investment Co., Ltd. to evaluate the Feasibility Study Report of the East Line Ring Road in Wulumuqi in Xinjiang Autonomous Region. 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. Wei Baisong, the Vice President, held a research meeting in Wulumuqi, followed by detailed communications 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 15, 2011 by submitting the document named the Evaluation for the Feasibility Study Report of the East Line Ring Road in Wulumuqi in Xinjiang Autonomous Region to the National Development and Reform Commission.
The construction scope of this project: the total length of the main road is 79.3km. It will take three years to complete. After the evaluation, the adjusted budget of this project is RMB 7.06 billion, of which the static investment is RMB 6.59 billion.
The construction of this project is essential to the perfection of the national expressway network, to the implementation of the transport development plan of Xinjiang Autonomous Region 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 development of the western development strategy and Wulumuqi economy， developing the national harmony and stabilities in border areas etc.