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China, Harbin - cn/56


Foreign investment sought by the City of Harbin, Heilongjiang Province's capital, for a riverbed tunnel project at the Songhua river. Tunnel to be 1,852 m-long with four lanes, 3.5 m-wide each. The clearance is five metres. Estimated investment is US$84.5 million, of which US$76 million (90%) from abroad. Cooperative management or BOT preferred. Concession term will be 30 years, including three years for construction, with return on investment within ten years. Contact Zhang Xiaohui and Liu Yanwei, Songbei New Zone Development and Construction Administration, tel +86-0451-4010031 or 8190806, fax +86-0451-4010944. 50/01.