China's Guizhou province has major plans for highway investment during the 2011-2015 time period. In all there are plans to develop some 2,993km of expressway.
March 2, 2012
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China's Guizhou province has major plans for highway investment during the 2011-2015 time period. In all there are plans to develop some 2,993km of expressway. The plans will require an investment of US$82.8 billion.
St Petersburg Committee’s for Transport Infrastructure Development (KRTI) is setting out a strategy for road infrastructure development. The KRTI says that the city’s road network will be extended from 3,350 to 3,510 km in the 2015-2020 period. Meanwhile the KRTI also hopes to improve the condition of the city’s roads. At present around 30% of the city’s roads are in a poor state but the plans call for this to be reduced to 15% by 202 following the introduction of better road maintenance planning. A major p
In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
Official data from Hunan Province, Hubei Province and Fujian Province in China reveal major infrastructure investment plans. Hunan Province will invest US$10.92 billion (CNY 66 billion) on transportation in 2014. Construction work will commence on more than 10 highways with a total length of 600km in 2014. Highway projects will account for $6.45 billion (CNY 39 billion) of the total investment. Hunan's rural road developments will involve an investment of $1.24 billion (CNY 7.5 billion) and a total length o
