BEIJING, July 18 (Xinhua) -- China Railway Construction Co (CRCC) announced that a consortium formed by its subsidiaries had won the bid for the PPP project of Daozhen–Wuchuan expressway in Southwest China's Guizhou Province.
The consortium consists of China Railway Construction Kunlun Investment Co., Ltd, China Railway 16th Bureau Group Co, China Railway First Survey and Design Institute Group Co., Ltd, and CRCC Investment Fund Management Co.
Total investment in the project is estimated at 9.57061 billion yuan, with a tentative construction period of 4 years and an operation period of 30 years.(Edited by Yang Yifan, yangyifan@xinhua.org)
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