Annual Report 2016 - page 246

New World Development Company Limited
232
Principal Projects Summary
Project Summary – Infrastructure Projects
No. Name of Projects
Gross
Length
NWSH’s
Form of
Investment
NWSH’s
Attributable
Interest (%)
Expected/
Actual
Operation
Date
Year of
Expiry
(1)
Roads
R1
Guangzhou City Northern Ring Road
22.0 km
CJV
65.3
1/1994
2023
R2
Beijing-Zhuhai Expressway
(Guangzhou-Zhuhai Section)
CJV
25.0
2030
Section I
8.6 km
12/1999
Section II
53.8 km
12/1999
R3
Beijing-Zhuhai Expressway
(Guangzhou-Zhuhai Northern Section)
27.0 km
CJV
15.0
12/2005
2032
R4
Guangzhou-Zhaoqing Expressway
CJV
25.0
2031
Phase I
48.0 km
9/2002
Phase II
5.4 km
9/2010
R5
Shenzhen-Huizhou Expressway (Huizhou Section)
Expressway
34.7 km
CJV
33.3
6/1993
2023
Roadway
21.8 km
CJV
50.0
12/1997
2022
R6
Guangzhou Dongxin Expressway
46.2 km
Equity
45.9
12/2010
2035
R7
Guangzhou City Nansha Port Expressway
72.4 km
Equity
22.5
12/2004
2030
R8
Guangdong Unitoll Services Incorporated
N/A
Equity
2.0
1/2013
N/A
R9
Hangzhou Ring Road
103.4 km
Equity
100.0
1/2005
2029
R10
Yulin Shinan — Dajiangkou Roadway
30.0 km
CJV
60.0
1/1999
2024
R11
Roadway No. 321 (Wuzhou Section)
CJV
52.0
2022
Phase I
8.7 km
3/1997
Phase II
4.3 km
12/1998
R12
Shanxi Taiyuan — Gujiao Roadway (Taiyuan Section)
23.2 km
CJV
60.0
+
7/2000
2025
R13
Shanxi Taiyuan — Gujiao Roadway (Gujiao Section)
36.0 km
CJV
60.0
+
4/1999
2025
R14
Roadway No. 309 (Changzhi Section)
22.2 km
CJV
60.0
+
7/2000
2023
R15
Taiyuan to Changzhi Roadway (Changzhi Section)
18.3 km
CJV
60.0
+
8/2000
2023
R16
Tangjin Expressway (Tianjin North Section)
CJV
60.0
#
2028
Section I
43.5 km
12/1998
Section II
17.2 km
12/2000
R17
Tate’s Cairn Tunnel
4.0 km
Equity
29.5
6/1991
2018
Total Length
650.7 km
+
Cash sharing ratio of 90% for the first 12 years from the operation date and thereafter 60%
#
Cash sharing ratio of 90% for the first 15 years from the operation date and thereafter 60%
1...,236,237,238,239,240,241,242,243,244,245 247,248,249,250,251,252
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