China’s Shanxi Province is investing heavily in highway expansion

The authorities in China's Shanxi Province are investing heavily in highway expansion. By the end of 2012, the total highway/expressway network Shanxi Province will be some 5,000km. This will cost some US$15.85 billion for expressway construction during the year. A total of 23 expressway projects totalling 1,600km will be constructed during 2012. By the end of 2015, the total expressway distance in Shanxi Province should reach some 6,300km, from 4,000km in 2011.
April 16, 2012 Read time: 1 min
The authorities in China's Shanxi Province are investing heavily in highway expansion. By the end of 2012, the total highway/expressway network Shanxi Province will be some 5,000km. This will cost some US$15.85 billion for expressway construction during the year.

A total of 23 expressway projects totalling 1,600km will be constructed during 2012. By the end of 2015, the total expressway distance in Shanxi Province should reach some 6,300km, from 4,000km in 2011.

The authorities in China's Shanxi Province are investing heavily in highway expansion. By the end of 2012, the total highway/expressway network Shanxi Province will be some 5,000km. This will cost some US$15.85 billion for expressway construction during the year. A total of 23 expressway projects totalling 1,600km will be constructed during 2012. By the end of 2015, the total expressway distance in Shanxi Province should reach some 6,300km, from 4,000km in 2011.

Related Content

  • Saudi Arabian money for Tajikistan’s Dushanbe-Kulyab-Khorog-Murgab highway
    January 18, 2016
    Saudi Arabia will provide US$108 million through the Islamic Development Bank for reconstruction of two sections of the Dushanbe-Kulyab-Khorog-Murgab highway in Tajikistan. The sections are the Kulyab-Shuroabad and Shkev-Kalai Khumb, according to the Avesta news agency. The deal was announced after a meeting between Saudi ministry of finance officials and Tajik president Emomali Rahmon in the Saudi capital Riyadh in early January. Rahmon’s visit is considered a success for Tajik’s infrastructure in
    Read More
  • Fiat Industrial achieves 6.2% revenues growth in 2012
    February 1, 2013
    Fiat Industrial achieved a 6.2% rise in revenues and trading profit in excess of US$2.71 billion (€2bn) during 2012 – an increase of 23.3% over 2011. Revenues in 2012 totalled €25.8 billion, as continued robust growth for agricultural equipment is said to have more than compensated for weaker trading conditions in other businesses. Trading profit was €2,079 million, up €393 million over 2011, with trading margin improving 1.2% to 8.1% on the back of what Fiat Industrial said was continued strong performance
    Read More
  • Advances in electric vehicle technology becoming increasingly competitive with internal combustion engine-powered competition
    April 11, 2012
    According to a new report from consultant Frost & Sullivan, extended-range electric vehicles (EVs) could be cost-competitive with comparable internal combustion engine (ICE) vehicles as soon as 2015. The report claims that electric vehicles could offer a payback period of less than four years for customers with an oil price of €2.50/litre, without any government subsidies.
    Read More
  • Major road investment planned in Zambia
    September 26, 2012
    A huge investment is planned in a series of road projects in Zambia. The country’s government intends to spend close to US$5.6 billion over the next five years on road construction. Because Zambia has an extensive copper mining industry the country has benefited heavily from strong demand for the metal, particularly from China. As a result it now has the financial resources to help improve the road network. The Zambian Government has also committed itself to building 2,300km of roads and spending $1.56 bill
    Read More

Highlighted Content