A joint venture firm of Shenzhen Investment Holdings Bay Area Development's (HKG:0737) procured Poly Changda Engineering to construct a road section for 775.2 million yuan, according to a same-day Hong Kong bourse filing.
The road section, with a length of around 2.456 kilometers, will be constructed under the Luogang Interchange Reconstruction Project in around 42 months.
JV Guangzhou-Shenzhen-Zhuhai Superhighway selected the contractor through a bidding process.
Guangzhou-Shenzhen-Zhuhai Superhighway is 45% owned by Hopewell China Development (Superhighway), a unit of Shenzhen Investment Holdings Bay Area Development.