“BOT + EPC” mode to help Chongqing high-speed road traveling light

August 3, 2013

Analysis Daily by Trainee reporter Li Li

Chongqing Daily News By enabling BOT (build – operate – transfer) + EPC (Design – Procurement – Construction general contracting) the new model will be completed by the end of the Chengdu-Chongqing section of double track the actual investment ratio estimates savings of nearly 100 million yuan. Days ago Chongqing Expressway Group held a news conference that the city one thousand kilometers of new highway 20 projects 17 projects using ‘BOT + EPC’ construction management. Currently, Chongqing Expressway Group is to participate in building a new one thousand kilometers of highway projects 15, of which 12 projects nearly 700 kilometers enabled ‘BOT + EPC’ the new model, the introduction of capital of about 71 million, reducing the Group’s direct debt of about 51 billion yuan (including interest on bank loans and produce.

Currently, the city has started a new 1,000 km highway construction, 20 projects involving 1,036 km, estimated investment of 104.3 billion yuan(http://www.best-news.us/). To raise funds for construction, to avoid the drawbacks of the traditional model, Chongqing Expressway Group vigorously BOT + EPC model, including the Chengdu-Chongqing Pipeline , Manley, Wanda, Feng Zhong, Zhong Wan, copper Wing, South Road, Jiang Qi, Yu Guangzhou, Liang Zhong, unitary along the other 12 projects, nearly 700 kilometers, have adopted such a model.

Chongqing Expressway Group Vice President Du Guoping said, BOT + EPC mode has the advantage lies in the integration of resources, in order to reduce the links and reduce costs, thereby improving efficiency. Du Guoping said: ‘The traditional model, the final estimate of the actual investment is often exceeded 10% 15%, while the new model to take BOT + EPC will reduce investment, such as Chongqing, Chengdu-Chongqing Pipeline segment, the investment budget for the more than 8.5 billion yuan, the actual investment will save about 100 million yuan. ‘

BOT model to the traditional sub-project bidding and contract segment, change management, and other aspects and more, and through BOT + EPC mode, reducing the tender and change link. But also in the new model, the material scale of centralized procurement, the cost is greatly reduced. Chengdu-Chongqing section of double track as the general contractor in charge, China Railway Construction Corporation Limited Chengyu double-track project construction headquarters chief engineer Zheng Gang have the final say, he said, ‘In the past a small number of retail price to buy is now in large quantities, is taking the wholesale price. ‘

Chongqing Jiaotong University, Associate Professor Huangxian Gui said, BOT + EPC mode is the current international and domestic construction projects are being implemented organization and implementation of the new model(Finance News http://www.best-news.us/). This model reflects the ‘saving design is the biggest savings,’ the idea of the model for promoting highway engineering Survey design and construction of the strategic restructuring of enterprises, foster internationally competitive large construction companies, the implementation of ‘going out’ strategy is important.

Source-http://www.best-news.us/