Skip to main content

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

  • Paraguay’s major transport plans for road development
    May 26, 2016
    Paraguay is setting out plans for a series of major road development works, with this programme being planned by the country’s Ministry of Works. The Paraguayan Government says it will spend some US$1 billion on road projects in the area around Chaco, with those of highest priority being built within the next two years. The most important of the projects is the bi-oceanic corridor, which is expected to cost some $700 million to construct. The work on the bi-oceanic corridor is receiving financial support fr
  • 2-4 year-old construction equipment tops buyer ‘wish list’
    May 11, 2012
    A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri
  • US infrastructure spending to benefit from state initiatives
    November 17, 2020
    US infrastructure spending looks set to benefit from state initiatives.
  • Slovakia plans €3.5bn plus spend on new roads and other infrastructure
    February 11, 2014
    Slovakia plans to invest more than €3.5 billion (US$ 4.76 billion) on new roads, motorways and other transport infrastructure, according to the draft partnership agreement between the European Union and Slovakia for the 2014-2020 budgetary period. The proposal claims that the current state of infrastructure in Slovakia is poor, technically obsolete and incomplete, which not only creates obstacles in the mobility of citizens but also reduces the attractiveness of the country for foreign investors. The coun