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.
Work on the new 218.5-kilometre Mianyang-Jiuzhaigou Expressway in Sichuan province, China is expected to begin later this year. Upon completion of the US$4.91 billion (CNY 30.58 billion) megaproject, the travel time from Chengdu city in the province to Jiuzhaigou via the expressway will take only 210 minutes. The expressway is expected to be completed within 60 months and is scheduled to be operational no later than 31 December 2018.
Meanwhile, construction of the Ziyuan-Xing'an highway has fully started.
A budget of US$8.97 billion has been set as the limit on borrowing for India’s highways development programme for the 2017-2018 fiscal year. The financing agreement has been made by the National Highways Authority of India (NHAI), acting through the country’s Ministry of Road Transport and Highways. This substantial budget comes in spite of fewer projects being awarded as well as less financing having been secured during 2016. In the April to October 2016 the NHAI awarded contracts for 2,330km of highways.
China’s Anhui and Jiangsu Provinces are developing transport infrastructure with a series of major projects. In Anhui Province plans have been drawn up for road and highway improvements as well as upgrades to other categories of transport infrastructure over the period from 2017 to 2021. The road expansion programme will see Anhui Province increase its highway network by 1,157km to 5,700km during this period.
