STEC Wanjiali Road in Changsha, Invested RMB 4.2 Billion and Constructed by STEC, Fully Opened to Traffic

2016-08

On August 30, the ground side of fast Wanjiali road in Changsha was entirely opened, marking that the whole line of the road is opened to traffic. This road has been reconstructed by STEC including investment, design and construction. The reconstruction project, with Fuyuan Road in the north and Xiangfu Road in the south, has a total length of 16.6km. By adopting overhead style and separation of main road from side road, the completely reconstructed road will form new fast loop line, improve the traffic road network of Changsha, loosen east-west traffic, and build three layers of traffic. By this way, various traffic demands of citizens will be met, separate sections will be connected rapidly into a whole, Changsha's strategy of speeding up in the east and expanding in the west will be push forward, and regional economy will develop rapidly.
The reconstruction project, by adopting build-transfer model, is the first project of STEC in Hunan Province integrating investment, design and construction. The pattern of integrating investment, design and construction, used seldom in Changsha, is fully adopted in this project. By this way, the advantages of cooperative operation of STEC Whole Industrial Chain are fully taken. In this reconstruction project, the investment in urban construction of STEC fully takes advantages capital operation, utilizes the experience and advantages of value management, integrates social funds extensively, makes innovation in process measurement of economy management and of project management, pushes the accurate investment and use of funds, so that the accurate investment and efficient operation of funds can be guaranteed. After completion of the reconstruction project, the traffic ability of Wanjiali road will be improved more than three times, the traffic ability of south-north road with the river in the west will be improved significantly，and besides, the relatively independent and fast-growing sections will be connected rapidly. Thus the reconstruction project will be an important bond of pushing the simultaneous development of economy and region of Changsha