Construction: Cross-sea bridge bidding
(Chinanews.cn)
Updated: 2006-05-09 14:55
Qingdao Gulf Bridge, a sea-crossing bridge that connects two economically
important regions on Qingdao's east and west coasts and costs over
nine-billion-yuan (US$1.125 billion) investment, started to invite global
bidding. At present, tens of large domestic and foreign companies and famous
enterprises have made inquiry and negotiations in Qingdao City.
Upon completion, Qingdao Gulf Bridge will span Qingdao's Jiaozhou Bay and
link Qingdao's major city zones in the east and west together. This 35.4-km
bridge starts westward from the 308 National Road to Huangdao. Its main part on
the sea has a length of 28km and is estimated to cost nine billion yuan.
Officials from Qingdao Municipal Committee of Communication indicated that in
order to settle the problems of financial inadequacy and ensure completion of
the project before the 2008 Beijing Olympic Games, it has been decided that the
bridge will be constructed on the basis of social financing and a global bidding
will be open to domestic and foreign syndicates.
(For more biz stories, please visit Industry Updates)
|
