Jiangsu Expressway Co (HK:0177) has released an update.
Jiangsu Expressway Company Limited has announced a significant investment of RMB1,271.18 million in the construction of the Danyang to Jintan section of the Fuli Expressway, aiming to strengthen its position in the southern Jiangsu road network. The project, jointly funded with Changzhou City, underscores the company’s commitment to enhancing infrastructure despite potential risks such as traffic volume fluctuations and toll policy uncertainties. This move reflects Jiangsu Expressway’s strategic focus on optimizing regional connectivity and leveraging its substantial assets.
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