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.
Talks between the Chinese Development Bank and the Serbian Government could result in Chinese funding for Serbian highway projects. The Danube coast project and the Corridor 11 highway project have been identified. Some €400-€450 million of Chinese financing could be made available to Serbia for highway projects following the most recent series of discussions. Serbia’s Ministry for Transport is also in talks with Chinese partners for the construction of a series of highway projects.
Funds earmarked by the Brazilian Government to improve roads, railways and hydro channels for shipping cargo transport have not been fully spent, according to the Institute of economic research (Ipea). Federal road spending was estimated to be US $ 6.72 billion (BRL 13.62bn) in 2012, but Ipea says that so far only 48.3% $ 3.23 billion (BRL 6.58bn) of that amount has been used.
Mexican president Felipe Calderon spoke at the opening of the 2011 PIARC World Road Congress in capital Mexico City. Calderon highlighted key issues such as his country's major investment in infrastructure, a move designed to boost mobility and the country's economy.
The European Union’s COVID recovery budget and its NextGenerationEU programme are major opportunities for national, regional and local road authorities, says Jose Diez*.
