Skip to content
unei’s history, will become the country’s longest sea-crossing bridge with a total length of about 30 km. It is scheduled to open to traffic by the end of November 2019.
The CC4 section of the bridge is constructed by China State Construction Engineering C
orp. At around 11.6 km of the 11.8 km-long section will be a land viaduct traversing the mangrove swamp of the
Labu Forest Reserve, the company has established a set of strict safety and green construction evaluation systems to mee
t the high demand for environmental protection and cope with unprecedented difficulty in construction.
The Padma Bridge, 25 meters in width and 10 km in length, will
be built over the Padma River, one of the three major rivers in Bangladesh.
In June 2016, China Railway Major Bridge Engineering Group Co Ltd was awar
ded a $1.55-billion contract by the Bangladeshi government to build the core structure of the bridge.
The bridge is the country’s largest infrastructure project, as wel
l as the largest foreign bridge project undertaken by Chinese companies in terms of total cost.
Once completed, travel time between the capital, Dhaka, and the southern city of Khulna will be shortened to about three hours from 13 hours.
are available,” Huang said. How soon the first company will go public on the new board depe
nds on different factors, including the preparatory progress of the companies and their investment banks, he added.
Enterprises qualified and willing to go public on the n
ew board are mainly concentrated in such areas as information technology, biomedicine, high
-end manufacturing and new materials, Huang said, adding that the bourse has done lots of research on them.
“They feature relatively high research and development expenditures, and rather good growth prospects.”
Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Scien
ce and Technology, expects that both the detailed rules and the list of the first companies involved are likely to come out in March.
“China is pushing the new board forward at full speed, which can foster innovatio
n-oriented growth through inclusive listing rules and offset this year’s economic headwinds,” Dong said.
Yi said the new board aims to better serve innovation-orie
nted enterprises and will serve as a prelude to capital market reforms of a broader scope.
The commission will carefully evaluate the effect of various reform and innovation m
easures on the new board. Based on that, fine-tuning measures for ChiNext and the National Equities Exc
hange and Quotations system can be advanced in a coordinated way, Yi stressed.