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.
Sandvik Construction president Thomas Schulz was keen to emphasise the firm’s growing commitment to China and gave an upbeat forecast for the health of the global construction equipment manufacturing industry over the next 12 months and beyond. Speaking during Bauma China 2012, Schulz said: “The global construction equipment market has been a bit lower for the past two years. However, based on these market conditions, the performance of Sandvik in China is quite good. We have quite a positive outlook for 20
Sandvik Construction president Thomas Schulz was keen to emphasise the firm’s growing commitment to China and gave an upbeat forecast for the health of the global construction equipment manufacturing industry over the next 12 months and beyond. Speaking during Bauma China 2012, Schulz said: “The global construction equipment market has been a bit lower for the past two years. However, based on these market conditions, the performance of Sandvik in China is quite good. We have quite a positive outlook for 20
The local authorities in China's Sichuan Province are planning a massive expansion and improvement programme targeted at rural roads. Over US$12.7 billion will be invested in rural road development during China's 12th Five-Year Plan, which is for the 2011-2015 period.
The authorities in India are continuing the process of investment in toll road projects and general road construction. Plans call for some US$27 billion of road projects to be awarded in India by the end of October 2013. Included in the plans are four toll road projects, such as for construction of the Agra-Lucknow expressway, an eight lane highway that will be carried out by Uttar Pradesh Expressways Industrial Development Authority. So far in 2013, only 479km of projects have been awarded by the National
