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Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price

Date: 2020-12-19
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Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price


As the extension of Rizhao-Lankao National Expressway in Henan, Lankao-Weishi Expressway is an important part of the backbone highway network of the province and an important passage from central Henan to Shandong Province. It is an axis that links up the economic development of the regions along the line such as Weishi, Lankao and Xuchang. With a total length of 61.03km, it consists of bidirectionally 4 lanes and involves a total investment of about 2.4 billion yuan. The remaining toll collecting period is 13.5 years. In recent years, its traffic has maintained an obvious momentum of continuous and steady growth, creating satisfactory economic benefits.

Located in the central part of China, Henan province is an important traffic hub connecting every corner of the country. Among the nationwide integrated transport passageways of “10 vertical and 10 horizontal”, 5 go through Henan, earning it the title of “hinterland of the nation, thoroughfare of the provinces”. It is one of the important regions for the strategic layout of the group. Lankao-Weishi Expressway lies in the metropolitan circle of Zhengzhou, the capital of the province, and will continuously benefit from the strategy for the “rise of central China” and the development opportunities brought by the economic prosperity of the circle, with a promising prospect. Furthermore, the expressway connects with Weishi-Xuchang Expressway under the control of the group to form the effect of coordinated operation management.


The successful acquisition of the Lankao-Weishi Expressway meets the 14th Five-Year Plan of the group and will further enhance the group’s capability of sustainable development of its primary business of transport, fully reflecting the arrangements made by the headquarters of the group for locking premium resources and creating value. In the future, the group will place a continuous focus on the investment opportunities in the transport field of regions with great potentials for sustainable and stable development of transport business.


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