On December 17, 2021, the Linyi City Public Resources Trading Center released the bidding information for investors of Linyi-Xuzhou (Lu-Sujie) Expressway. Shandong Yimeng Transportation Investment Development Group took the lead to form a consortium with local powerful enterprises to win the project. The estimated total investment is 4.5 billion yuan, and the planned construction period is 3 years.

Project Overview

The Linyi-Xuzhou (Lu-Su boundary) expressway starts on the Beijing-Shanghai Expressway in the southwest of Chudun Town, Luozhuang District (connecting with Provincial Highway 230 to the east), passing south of Luzho Town to the west, passing through Nanqiao Town and Changcheng Town At the same time, it reached the end of the route from the southwest of Changcheng Town to the border with Jiangsu Province in Lusu Province. The total length of the route is about 27.14 kilometers, with 3 interchanges (including 1 hub interchange and 2 service interchanges); the connecting line is 3.0 kilometers long.

Scope of bidding

The scope of this tender is for investors in the Linyi-Xuzhou (Lu-Sujie) Expressway Project. After the bidder wins the bid, as an investor, he shall form a project company that provides services for the project in accordance with the "Company Law of the People's Republic of China" and other relevant laws, regulations, policies and concession agreements, and inject corresponding capital as required. , And as the project legal person. The project company is responsible for the whole process of project planning, approval, fund raising, construction implementation, operation management, debt repayment, asset management, and project transfer. It operates independently and is responsible for its own profits and losses (including: fund raising, debt repayment, etc., the winning bidder shall bear Joint and several liability). The project company inherits the investor's corresponding rights and obligations. And after the expiration of the concession period stipulated in the concession agreement, the road (including land use rights), road ancillary facilities and related materials will be transferred to the Linyi City Transportation Bureau or its designated agency free of charge in accordance with the concession agreement.

The concession period is divided into two phases: the construction period and the operation period (including the charging period), of which the construction period is 3 years (from the start date of the project to the completion date); the operation period (including the charging period) is from the completion date to the handover of the project The charging period is from the date of the issuance of the project’s charging permit to the handover date of the project, subject to the charging period of the winning bidder’s bid, and the charging period shall not exceed 30 years.

Winning bid result

www.seetao.com Congratulations to the consortium led by Shandong Yimeng Transportation Investment Development Group Co., Ltd., Shandong Yimeng Transportation Development Group Co., Ltd., Linyi Highway Survey and Design Institute Co., Ltd., and Linyi Zhixing Transportation Planning and Design Co., Ltd. to place an order! Editor/Sang Xiaomei