Is expressway management right an intangible asset?

Expressway management right belongs to intangible assets. Intangible assets refer to assets that cannot be touched, seen or quantified, such as trademarks, patents, copyrights, goodwill and proprietary technologies. Highway management right refers to the highway management right granted by the government, usually for a certain period of time, during which the holder can collect tolls and other income. Although the expressway management right itself is not material, it has certain value and profitability, so it can be regarded as an intangible asset.