Qilu Expressway Gains Approval for New Toll Stations

Qilu Expressway Co., Ltd. Class H (HK:1576) has released an update.

Qilu Expressway Co., Ltd. has received approval from the Shandong Provincial Government to set up 10 toll stations on the Jihe Expressway’s reconstruction and expansion section. The toll collection is set for a period of 25 years, with further details on toll rates to be announced later. This development marks a significant step in the company’s infrastructure expansion efforts.

For further insights into HK:1576 stock, check out TipRanks’ Stock Analysis page.