Chinese railway construction and subsidiaries winning 2 PPP projects: Kunming (Crawford overpass) - Yiliang Expressway (Kunshi line) the government and social capital cooperation projects, Qujing Sambo to Kunming Qingshui Expressway (Kunming section) the government and social capital cooperation projects.
1, Kunming (Crawford overpass) - Yiliang Expressway (Kunshi line) the government and social capital cooperation projects. The total investment of the project is estimated at 17 billion 257 million yuan, located in the main city of Kunming, Chenggong New District and Yiliang county. The construction period of the project is 3 years, and the operation period is 30 years.
This project adopts PPP+EPC mode. During the construction of the project, the provincial and municipal grants 30 million yuan / km, as part of the government investment, held by the Kunming transportation investment limited liability company (hereinafter referred to as the "Kunming exchange"); the operation period uses the feasibility gap subsidy. Item company registered capital of 100 million yuan, the project capital (including registered capital) accounted for 30% of the total investment. In addition to the registered capital, the remaining contribution shall be included in the capital reserve. Kunming exchanges use provincial and municipal subsidies for government investment, accounting for 10% of shares; the company invested 90% shares. As a special government equity stake, when the project actual income is less than or equal to the breakeven point (i.e. "current funds cost + annual operating cost + year tax = when users pay"), the item company does not participate in the distribution of profits. Part of the project capital, mainly by the item company pledge by franchising, through the bank (syndicated) long-term fixed assets loans to solve.
2, Qujing Sanbao to Kunming Qingshui Expressway (Kunming section) government and social capital cooperation projects. The total investment is estimated at 10 billion 948 million yuan, located in Chenggong District of Kunming and Yiliang county. The construction period of the project is 3 years, and the operation period is 30 years.
This project adopts PPP+EPC mode. During the construction of the project, the provincial and municipal grants 30 million yuan / km, as part of the government investment, from the Kunming Stock Exchange on behalf of; operating period using feasibility gap subsidy. Item company registered capital of 100 million yuan, the project capital (including registered capital) accounted for 30% of the total investment. Kunming exchanges use provincial and municipal subsidies for government investment, accounting for 10% of shares; the company invested 90% shares. As a special government equity stake, when the project actual income is less than or equal to the breakeven point (i.e. "current funds cost + annual operating cost + year tax = when users pay"), the item company does not participate in the distribution of profits. Part of the project capital, mainly by the item company pledge by franchising, through the bank (syndicated) long-term fixed assets loans to solve.
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