In China, 80,000km of new roads are planned to be constructed in 2013 as part of a huge investment in new transport infrastructure. During 2012, 58,672km of roads, including 9,910 km of highways, were constructed in the country.
March 15, 2013
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In China, 80,000km of new roads are planned to be constructed in 2013 as part of a huge investment in new transport infrastructure. During 2012, 58,672km of roads, including 9,910 km of highways, were constructed in the country.
In China's Gansu province, the city of Lanzhou has earmarked US$10.92 billion in the next six years.
The rural road network of Lanzhou will be expanded from 6,616km to 9,013km, while highways will be expanded from 354km to 614km.
Lanzhou will also boost its general national and provincial roads from 759km to 1,627km.
From 2015 to 2020, the province of Gansu plans to invest $80.58 billion in road construction over the next six years.
Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
Plans for huge investments in transport infrastructure have been made in China. In all some 60 infrastructure projects worth just over US$160 billion have been identified by the Chinese authorities. The work will include building 2,018km of new roads and highways, including improved connections between Shanghai and Guangzhou. The total road investment budget expected could range from $22.6-32.4 billion, although a definite programme of works has still to be established.
