CCCC Strait Construction Investment Development Co., Ltd., responsible for the investment in and construction of the Fuzhou Rail Transit Line 2 project, obtained a 1 billion yuan credit line from China Guangfa Bank Fuzhou Branch on December 30, 2015. On the same day, the two companies signed a bank-enterprise cooperation agreement totaling 1 billion yuan.
The reporter learned from the signing ceremony that the estimated total budget of the Fuzhou Rail Transit Line 2 project is 19.622 billion yuan, and the project is planned to be implemented over 1,582 days. Since construction started on November 28, 2014, an investment of 7.1 billion yuan has been completed in the civil engineering works.
Fuzhou Rail Transit Line 2 is planned to have 21 stations. According to media reports, 10 stations have currently entered the main construction stage, and 5 stations have entered the preliminary engineering construction stage.
Fuzhou Rail Transit Line 2 adopts the BT construction model, and CCCC Strait Construction Investment Development Co., Ltd. was established as the BT investor and constructor. At present, the company's 1 billion yuan of registered capital has been fully paid in.