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Investment Invitation for Hangzhou 2# Metro Route
2012-05-30 16:02:33

Investment Invitation for Hangzhou 2# Metro Route


Project area: Hangzhou City


Background and construction conditions of project

    Hangzhou 2# metro route project starts from Fengtan Stop at intersection of Wenxin Road and Fengtan Road (Hangzhou), passes through Wenxin Road, Wener Road, Mogansha Road, West Huancheng Road, Fengqi Road, East Huancheng Road, East Qingchun Road, Qiantangjiang River, Qianjiang Century Town and Shixin Road and joins Zhushan Vehicle Depot at Chaoyang Village, Xiaoshan. It has total length 30.488km and is entirely underground route. It will build 24 stops, 1 vehicle base and 2 main substations. Its estimated total investment is 14.614 billion RMB and its mean cost is 479 million RMB/km. Of the total investment 14.614 billion RMB, 8.038 billion RMB (55% of total investment) shall be financed by Hangzhou Municipal Government and 6.576 billion RMB (45% of total investment) shall be loaned from bank.


Project preparation or progress

    National Development and Reform Commission approved “Feasibility study report of Hangzhou 2# metro route project” and the project obtains loan commitment letters from Industrial and Commercial Bank of China, Agricultural Bank of China, China Development Bank, Bank of China, China Construction Bank, Shenzhen Development Bank, China CITIC Bank, and China Zheshang Bank. The project is scheduled to start from 2008 and complete and open to traffic by 2012 with total construction period 5 years


Cooperation mode and contents

    Joint venture


Contact mode

Contact unit: Hangzhou Metro Group Co., Ltd.

Contact person: Li Xiaoqing

Tel: 13605716243    Fax: 0571-87239653.


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