On September 25 2019, Xi Jinping, the General Secretary of the CPC Central Committee, President of the People’s Republic of China (PRC), and Chairman of the PRC Central Military Commission, attended the opening ceremony of Beijing Daxing International Airport by the new airport express subway, and announced the official operation of Beijing Daxing International Airport.
The new airport express subway is a special express subway connecting Beijing Daxing International Airport with the central city, and the trains can reach a speed of up to 160 kilometers per hour. As one of the main supporting transportation facilities of the new airport, the investment, construction and operation of the new airport express subway is of special significance to the smooth operation of Daxing International Airport.
The investment in the new airport express project from social capital investors was about RMB 17.3 billion, and the Project is under franchised operation by a project company established jointly by a representative of government investors and social capital investors by way of a PPP.
JunHe provided legal services to both Beijing Infrastructure Investment Co., Ltd. and Beijing Municipal Commission of Transportation in this Project, and successfully dealt with the many challenges brought by the structural adjustment of the Project and the change of external conditions, and completed the work with a high degree of professionalism.
The Daxing International Airport project embodied much effort by the designers, constructors and managers. As the legal counsel for the express subway project, JunHe also shared the joy for the smooth operation of Daxing International Airport.
It is hoped that Daxing International Airport injects a new vitality for the continued promotion of China.