BTS-CITIC bids to operate new Beijing subway line

Breaking News February 07, 2014 00:00

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BTS-CITIC Consortium has submitted the tender proposal and the bidding documents to enter into the bidding for the concession to operate the Beijing Subway Line 16 Franchise Project for a 30-year operation period, according to the filing to BTS Group Hold

The consortium was jointly formed by BTS Group Holdings and CITIC Construction Co., Ltd – the latter is an affiliate of CITIC Group Corporation (CITIC).
Beijing Subway Line 16 is a new subway line in western Beijing, having a north-south route from Beianhe to Wanping, totaling 29 stations, with a combined track length of 50 km. This line is expected to commence operations in 2018.
The Nation

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