Anhui Expressway wins RMB50.5bn highway project bid

Anhui Expressway won the bid for the S98 Quanjiao-Lukou Expressway project with a 356-month concession period. The project's estimated total investment is RMB50.50 billion, with Anhui Expressway investing approximately RMB2.02 billion for a 20% equity stake in the project company.