Chinese Government to spend US $ 4.45 billion on transport infrastructure in 2012

The Chinese Government is to spend US $4.45 billion on transport infrastructure in 2012. Of the total, $ 789.59 million will go on rural road improvements, of which 88% will be used in the central and western regions of the country. A further $ 789.59 million is being spent on expressway development, with western and central regions receiving $ 442.17 million and $ 221.08 million respectively.
October 8, 2012 Read time: 1 min
The Chinese Government is to spend US $4.45 billion on transport infrastructure in 2012.

Of the total, $ 789.59 million will go on rural road improvements, of which 88% will be used in the central and western regions of the country.  A further $ 789.59 million is being spent on expressway development, with western and central regions receiving $ 442.17 million and $ 221.08 million respectively.

Related Content

  • Tackling the UK's traffic congestion
    February 28, 2012
    The biggest problem on UK roads is congestion, and there is no shortage of ideas as to how it should be tackled. Patrick Smith reports. Congestion (and how to relieve it), along with safety, are among the top priorities facing those responsible for looking after the UK's roads. Road pricing, car-share lanes, greener vehicle initiatives and alternative methods of transport such as buses, trams and rail are all part of the approach, but prior to the current economic climate the nation's love affair with the c
    Read More
  • New Czech highway connection planned
    February 4, 2016
    An important new highway connection is being planned in the Czech Republic. The road will provide a link between the D8 Teplice highway and the Chomutov expressway. The Czech Transport Ministry has given its approval for an allocation of €166.55 million to the country’s Central Bohemian region for the construction work on the link road. However the project will still have to be approved by the Czech Government. Should the work go ahead, the project will be split into three phases, with construction of the f
    Read More
  • Australia bites the bullet on roads reform
    August 2, 2012
    Predictions of impending doom for Australia's roads infrastructure have given the nation's governments and roads stakeholders the fright they needed to collaborate on roads policy. If the latest initiatives Australia is putting in place do produce the full extent of the roads reform required, there will be some lessons there for the whole world Whether through pride or stubbornness, or a combination of both, each state and territory of Australia has always liked to do things its own way. To some extent and
    Read More
  • Colombia’s new transport infrastructure to boost national construction industry
    July 30, 2013
    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
    Read More

Highlighted Content