Shenzhen Investment Holdings Bay Area Development Company Limited has announced the award of the 2025-2028 Coastal Expressway (Shenzhen Section) Maintenance Services Agreement to the Engineering Development Company. This decision followed a comprehensive open tender process on the Shenzhen Sunshine Procurement Platform, aimed at securing competitive suppliers and high-quality services. The agreement is part of the company's strategy to maintain the Coastal Expressway's infrastructure through 2028. The selection process considered factors such as bid price, technical capabilities, and credibility. The company has also established internal control measures to ensure the contract's terms are fair and competitive, aligning with relevant PRC laws and regulations.
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