Core Viewpoint - Bay Area Development (00737) has awarded a construction contract for the Luogang Interchange renovation project to Poly Longda, with a contract value of RMB 775 million, enhancing the operational capacity of the G4 Beijing-Hong Kong-Macau Expressway [1] Group 1: Contract Details - The contract signed with Poly Longda involves the construction of a 2.456 km section of the Luogang Interchange, including roadbed, pavement, bridges, tunnels, and traffic safety facilities [1] - The contract is part of the Luogang Interchange renovation project approved by the Guangdong Provincial Development and Reform Commission on March 9, 2022 [1] Group 2: Strategic Importance - The renovation project aims to improve the traffic capacity and service level of the G4 Beijing-Hong Kong-Macau Expressway between Guangzhou and Shenzhen, thereby strengthening the company's core competitiveness in the toll road industry [1] - The investment, construction, operation, and maintenance of highways are key business areas for the company, aligning with its development strategy [1]
湾区发展(00737)：广深珠公司与保利长大订立萝岗施工合同(TJ1标段)