With a length of 1.73 km and a width of 33 m, Qiao Bridge starts from Tangjia town and terminates near a shipyard on Qiao island where it links up with Lingding Yang Bridge. The road network on the island will also start to be built at the same time. The last phase of the project consists of 5 km of bridge section between Jinding town and Qiao island.
4.
Economic analysis and investment estimate
According to a projected forecast of traffic flow, the daily number of vehicles passing through the Dingding Yang Bridge is 41 400, 73 100 and 135 300 in the years 2000, 2010 and 2020 respectively. With the opening of the bridge, the toll charged on the passing vehicles will be RMB¥ 150 each at the start, rising to RMB¥ 200 later. The annual revenue will then be RMBY 1 billion, enabling a
enabling a full recovery of investment in 12 years' time.
With the opening of the bridge, the hitherto inaccessible islands of Qiao and Inner Lingding will witness an enhancement of their land value. Land development on the ten-odd sq. km. will bring in huge revenue. The contractor will also be allowed to operate tourist, commercial, building materials, real estate and other industries associated with the bridge project.
It is estimated that a total investment amount of RMBY 12 billion will be required to finance the whole project. This amount will be financed by the
by the Zhuhai Municipal government through its own reserves, fund-raising, issuing of stocks and bonds, and attracting of foreign capital.
attached.
A location map of the proposed Lingding Yang Bridge is