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Guilin -- Wuzhou Riverside Expressway

I. Construction scale and construction contents

The highway will adopts expressway standard of plain and low hills. It is 303. 42 km in length using all -- close -- type and flyover junction, subgrade width is 26 meters into four lanes, surface of cement concrete.

II. Market analysis and estimation

Construction period of the expressway is three years. Operational charges will last for 30 years.
The volume of stansport day and night of whole line was 3700 units in l994 while is expected to be over l0000 units by 2001 showing great market potential.

III. Project total investment

Total project investment is USD 963. 86 million.

IV. Cooperation forms:

Equity joint venture, contractual joint venture or other forms.

V. Analysis of economic results

It is expected that the comprehensive toll rate for Guilin -- Wuzhou expressway shall be approx.
USD. 0. l0. On this basis, each vehicle shall be charged USD. 28 if running through the whole 280 km. If 30 years is allowed for toll collection, the estimated income of 30 years will be USD. 6. 9 billion, after deduction of l0% highway administrative charges, repayment can be fulfilled in l5 years. Investment rate of return is 17%.

VI Construction conditions

Places along the exressway are of low hills with good gelolgical conditions; vlume of stone and eathwork is not big and construction materials are adequate.

VII. Chinese construction unit

Provincial Communications Department of Guangxi

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