Zhejiang Expressway Co (OTC:ZHEXF)

Zhejiang Expressway builds and manages toll roads in China's Zhejiang province. It has exclusive right to operate the Shanghai-Hangzhou-Ningbo and Shangsan expressways for 30 years. The company maintains close to 400 kilometers of expressway -- with plans to add on an additional 3,500 kilometers in the next 15 years. Its operations also include subsidiaries engaged in related businesses such as automobile servicing, gas stations, and roadside billboards. Zhejiang Communications Investment Group holds more than 80% of the company. Zhejiang Expressway was founded in 1997.

(Hoover 07/11/2008)

Last updated July 11, 2008


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