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.
Huge highway investment plans have been established by the authorities in China’s Henan Province. The planned spending on highway construction in Henan during 2012 is some US$4.41 billion in all, which will see the highway network reaching a total of 6,000km. The authorities in the province have set a total transportation budget of some $7.27 billion for 2012.
China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
In China’s Guangxi Zhuang autonomous region, Zhejiang Province and Hunan Province, major infrastructure investment plans are being drawn up for 2013. In the Guangxi Zhuang autonomous region, an investment of US$17.7 billion will be made on transportation development. This will include work on four airports as well as building five highways with a combined length of 363km during the year. Meanwhile, in Zhejiang Province some $48.2 billion will be invested in developing the road network, of which $6.6 billion
Huge investment in Colombia’s transport infrastructure is expected to lead to substantial market growth in the country’s construction industry, according to new research by Timetric. In its research report; ‘Construction in Colombia – Key Trends and Opportunities to 2017’, Timetric, who provide online data, analysis and advisory services to key financial and industry sectors, states, “Colombia’s Ministry of Transportation plans to invest COP102.3 trillion (US$56 billion) in transport infrastructure developm
