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Nation's First Fully Privately Funded Highway Project Lands in Luqiao
Taizhou 2026-04-17 09:20

On April 9, it was learned from the Luqiao District Transportation Bureau that the G1523 Ningbo - Dongguan Expressway Taizhou Airport Branch Line project has recently completed its bidding, with Baisheng United Group Co., Ltd. successfully winning the bid. As the nation's first highway project with 100% private investment, construction, and operation, and zero government funding, equity participation, or subsidies, this project has pioneered a new model of fully market-oriented financing, construction, and operation in the national highway sector.



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