The Shenzhen Municipal Government in China has awarded MTR Consulting (83%) and China Railway Electrification Bureau (EEB – 15%) the EUR989.37 million (RMY 4.91 billion) contract for the Shenzhen Metro Line 13 (Line 13) Private-Public Partnership (PPP) project. A subsidiary of Shenzhen Municipal Government will own the balance (2%). The PPP project includes track laying, rolling stock and E&M systems with the signalling system and the automated fare collection system, with a total capital cost of approximately to be financed by both debt and equity. The civil construction of the project is being undertaken by Shenzhen Metro Group Co., Ltd. The 22.4-km Line 13, will include 16 stations, from ShenzhenBay to Shangwu North, from south to north in central Shenzhen. The line is expected to commence service in 2023. Visit http://www.mtr.com.hk/archive/corporate/en/press_release/PR-20-051-E.pdf.
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