A JV firm of Shenzhen Investment Holdings Bay Area Development (HKG:0737) entered into contracts for the reconstruction of key interchange hubs in China, a Friday Hong Kong bourse filing said.
JV company, Guangzhou-Shenzhen-Zhuhai Superhighway, and Dongguan Luqiao signed a deal for the Wudianmei Interchange. The project, involving eight public ramps and a mainline section, will be co-managed by both parties, with total estimated costs of about 469.2 million yuan.
Separately, the JV firm also signed an agreement for the Xinlian Interchange with Guangdong Bay Area Transportation and Dongguan Luqiao. The project includes eight public ramps and the Shiziyang tunnel project, with total estimated costs of about 944.3 million yuan.
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