Mobile Phone
0086-18631721110
Call Us
0086-(00)317-2671929
E-mail
hbcymj@qq.com

China builds its first PPP high-speed railway

By Xinhuanet

China’s first high-speed railway controlled by private capital has been built to connect several cities in east China’s Zhejiang Province.

On Tuesday, the tracks were completed for the Hangzhou-Shaoxing-Taizhou intercity railway, one of China’s first group of high-speed railway projects funded by a public-private partnership (PPP), with the private sector having a holding status.

With a total investment of nearly 44.9 billion yuan (about 6.95 billion U.S. dollars), the 266.9 km rail line has been designed with eight stops and a speed of 350 km per hour.

The new rail line will be opened by the end of this year and will be connected to the high-speed railway network in the Yangtze River Delta region. It will halve the travel time between Hangzhou and Taizhou to approximately one hour. Enditem


Post time: Jun-07-2022