Shen Zhen Shang Bao·2026-01-07 11:57Core Viewpoint - The recent announcement of the "15th Five-Year Plan" for high-quality development in Shenzhen's Henggang Street highlights the intention to leverage the Shuiguan Expressway and other transportation projects to promote regional development, with the long-standing toll dispute regarding the Shuiguan Expressway expected to conclude in April this year [1][3]. Group 1: Shuiguan Expressway Overview - The Shuiguan Expressway, designated as S28, is a crucial vertical road in Shenzhen's "seven horizontal and thirteen vertical" network, connecting major areas from Shuijian Village in the west to Guanjingtou Village in the east [3]. - Built in February 2002 and expanded to a ten-lane highway in July 2011, the expressway has faced public calls for toll cancellation since 2008 due to heavy traffic congestion and increased travel costs for citizens and businesses [3][5]. Group 2: Financial Performance - In 2024, the Shuiguan Expressway generated revenue of 633 million yuan, a decrease of 0.49% year-on-year, accounting for 12.5% of the total revenue from Shenzhen's toll roads [5]. - In the first half of 2025, the expressway reported an average daily toll income of 1.675 million yuan, a year-on-year increase of 1.3%, with an average daily traffic volume of 256,000 vehicles, also up by 1.3% [5]. Group 3: Future Developments - The operational period for the Shuiguan Expressway is set to end in January 2026, with the potential for toll cessation in April 2024, leading to discussions on its municipal transformation [5]. - Shenzhen has prior experience with the municipalization of expressways, including the Meiguan Expressway and Longda Expressway, which have undergone similar transitions after toll cancellations [6].