Country | China
Region | Asia
SECTOR | transport
QII Principles | Principle 1: Sustainable Growth & Development, Principle 2: Economic Efficiency, Principle 3: Environmental Considerations, Principle 4: Building Resilience, Principle 5: Social Considerations, Principle 6: Infrastructure Governance
QII Sub-Principles | 1: SDGs, 1: Wider economic benefits, 2: Value for money analysis, 2: Life-cycle costing, 2: Operation and maintenance, 2: Risk management, 3: Environmental Impact Assessment, 3: Environmental Impact Mitigation, 3: Disclosure of environmental aspects, 4: Resilience, 4: Disaster risk management, 5: Social Impact Assessment, 5: Job creation, 5: Capacity and institutional building, 5: Occupational health and safety, 5: Universal access to services, 5: Low-income groups, 6: Growth & development strategies, 6: Procurement transparency, 6: Financial & debt sustainability, 6: Access to information and data, 6: Legal and Regulatory Frameworks, 6: Institutional Framework of infrastructure investment, 6: Enabling Environment, 6: Policy
Overview
Cost: 13.12 billion USD
Size: 688 kilometers, including 9 expressways
Parties involved (public and private) :
- Road Management Bureau, Department of Transportation, Hebei Province (public)
- China Communications Construction Company (private)
- China State Construction Engineering Corporation (private)
- Power China Road bridge Group (private)
- Power Construction Group of China (private)
- Chengdu Huachuan Road Construction Group (private)
- China Communications Construction Road & Bridge International Company (private)
Relevant contractual details (type, length etc.):
- 28 years cooperation period;
- BOT;
- Payment mechanism includes availability payment and user fee.
Context: Construct and operate 9 sections of expressway.
Aim(s) of the project: The project aims to connect the expressway network covering 4 provinces and municipalities: Beijing, Tianjin, Hebei, Henan.
Timeline
Key dates including procurement, construction, operations
- Date of procurement?April-Oct 2016
- Date of signing PPP contract?March 24, 2017
- Date of starting operation: December 28, 2018
Relevance to QII
The project connects small cities and counties, improves the expressway network, accelerates regional flow of capital, goods and people, promote agriculture and tourism development, alleviate poverty and increase economic growth.
The capacity of resisting natural disasters such as flood, geologic hazard has been considered in the project design.
During the construction and operation of the project, many jobs have been created. The SPV pay attention to the issue such as occupational health and safety, capacity building, etc.
China has established a comprehensive legal framework for PPP, including PPP regulations, policies, guidelines, standard contract etc. PPP units have been set up both at central and local level. PPP project information have been disclosed on the national PPP platform to ensure transparency.
Benefits
Expected and realised benefits:
- Regional expressway network covering 4 provinces and municipalities: Beijing, Tianjin, Hebei, Henan
- Increased flows of capital, goods and people
A road for poverty alleviation, prosperity, tourism and development
Metrics
Conduct performance monitoring report, mid-term performance evaluation and post-value-for-money evaluation to ensure the project outputs meet the standards agreed in the PPP contract.
Name of Institute
China Public Private Partnerships Center, Ministry of Finance, China ?Based on the project information input by local government, private partners and SPV onto the National Comprehensive PPP Information System.?
Website URL