Chinese city’s road build bill set to top $5.4bn over 4 years

Main road building projects in the Chinese city of Zhongshan are expected to cost US$5.45billion between 2011 and 2015. The $1.89billion bill for two new highways, which will cover a combined length of 80km, is due to be settled by Guangdong province authorities.
May 2, 2012 Read time: 1 min
Main road building projects in the Chinese city of Zhongshan are expected to cost US$5.45billion between 2011 and 2015.

The $1.89billion bill for two new highways, which will cover a combined length of 80km, is due to be settled by Guangdong province authorities.

Related Content

  • Central Ring Road to become one of most important projects in modern history of road-building in Russia
    December 16, 2014
    Moscow’s new ring road will provide a major economic boost and tackle congestion - Eugene Gerdner writes The Russian Government has officially started building of the Central Ring Road (CRR), one of the largest infrastructural projects in the modern history of the country. Total volume of investments in the project is estimated at more than US$7.2 billion (300 billion RUB). Building of the road should be completed by the World Cup 2018 and will be carried out as part of the existing state program ‘The de
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    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
    Read More
  • Major road plans are being set for Russia’s two key cities
    May 14, 2012
    Targets are being set for road investment, construction and repairs in Russia. To meet the country’s infrastructure needs, Russia’s National Association of Builders estimates that some 1,500km of roads must be built/year. Meanwhile the highway authorities in Moscow are aiming to repair around 33% of the city’s road surface every year. Some 23.6 million m2 of road surface will be repaired in Moscow during 2012, compared with 24.7 million m2 in 2011.
    Read More
  • New Chinese expressway under construction
    January 12, 2022
    A new Chinese expressway project is under construction.
    Read More

Highlighted Content