May 24, 2022 05:20 PM (GMT+8) · EqualOcean
According to the announcement of tunnel shares, in May 2022, the wholly-owned subsidiaries of the company - Shanghai infrastructure construction and development (Group) Co., Ltd. (the leader of the consortium), Shanghai Urban Construction Group Henan Construction and Development Co., Ltd., Shanghai highway and Bridge (Group) Co., Ltd. and Shanghai Urban Construction Municipal Engineering (Group) Co., Ltd. formed a consortium, Participated in the public bidding of "investment and construction cooperation units of juanhui expressway, Zhengxin Expressway and Changxiu Expressway East extension project". Recently, the consortium received the letter of acceptance and determined it as the bid winner of the project. The estimated total investment of the project is 18.66 billion yuan, the project capital is expected to be 3.73 billion yuan, and the proportion of the consortium contribution is 49%.