Investments
For the first time a State Council
approved main infrastructure project invites private
investors. 17 private enterprises have signed up and
are ready to invest 50,25 % of the total funds. State-owned
companies will cover the rest of the investments needed.
The estimated cost is 12 billion yuan, approx. 1,5 billion
US dollars. Return on investment is calculated to 8-10
percent in a 15 years peroiod.
Largest single stockholder in the
project is the Hangzhou based company, Songcheng Group,
that has invested $86 million, 17.3 per cent of the
basic capital. President Huang Qiaoling explains that
the Songcheng Group is planning to construct a special
service platform at the bridge with hotels, restaurants
and a viewing tower. |