Company type | Public; partly state-owned |
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Founded | 1999; 26 years ago (1999) |
Tibet Skyway (Chinese:西藏天路, 西藏天路股份有限公司) officially established on March 29, 1999, is a publicly traded corporation specializing in roadway engineering and infrastructure construction inTibet. TheShanghai Stock Exchange officially listed the company's shares on January 16, 2001. The stock designation is "Tibet Skyway" (SSE:600326).
Tibet Engineering Company, in collaboration with Tibet Industrial Company, Tibet Layuan Company, Tibet Automobile Trade Company, and Tibet Golmud Company, established the company on March 29, 1999.[1] The company's primary focus is on infrastructure construction, namely highway engineering, predominantly involving the construction of highways and bridges in theTibet Autonomous Region. It has executed the building of theQinghai-Tibet Highway,Sichuan-Tibet Highway,China-Nepal Highway, and other national and significant trunk highways in the region, as well as large-scale highway bridges likeQushui,Gonggar, and Touxia.[2][3] The projects encompass the reconstruction of the Lhasa toGongga Airport Highway, theLhasa Liuwu Bridge, the Gangxiu No.1 Special Bridge of theQinghai-Tibet Railway,Gangxiu Station, and the Underwater Graben Project; the reconstruction and expansion ofJinzhu West Road; and the environmental enhancement project surrounding theJokhang in Lhasa, among others.[4] In 2007, the business executed a major strategic restructuring and assumed control of the exploration and development of theChongjiang Copper Mine.[5][6]