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

  • Cemex's Philippines projects
    July 1, 2013
    Cemex in the Philippines is providing cement for the Millennium Road Project. This is part of a US$214million infrastructure package that will connect 15 municipalities in Samar, a province located in the country’s Eastern Visayas region. Phase one is expected to reach completion by November 2013. Cemex’s APO cement plant, which is situated strategically in the Visayas, will supply the required materials via its jetty port, considered the most modern facility of its type in the country to date. The project
    Read More
  • ADB to provide Tajikistan US$105 million for key road projects
    August 12, 2013
    Asian Development Bank (ADB) will provide Tajikistan US$105 million for two key highway projects. Around $82 million, including subsidies of $70 million, will be used to reconstruct the 88km long Vose - Khovaling road. A further $23 million will go on asphalting the Sayron - Karamyk road. On their completion, both highway works are expected to enhance regional economic cooperation and inclusive economic growth in Tajikistan.
    Read More
  • PPRS event highlights transport investment shortfall
    April 30, 2015
    The PPRS event in Paris highlighted the need for additional investment in road transportation – David Arminas writes. Consider the global road network. An improved road from one rural African town to another can reduce the journey time from a one-day walk to a one-hour drive. This could save lives through access to a hospital; allow small businesses to work faster by getting in supplies more quickly; allow children to attend a better equipped school. Roads affect society by allowing healthier and bett
    Read More
  • Mexico infrastructure plan on track
    July 7, 2015
    Mexico’s massive infrastructure programme is broadly on track for completion. The country’s Secretariat of Communications and Transport (SCT) has confirmed that 80% of the projects included in the national infrastructure plan (PNI) between 2014 and 2018 are already under development. There are 52 major road infrastructure projects within the PNI. Of these, 17 of the new highways have been completed. A total of 17,000km of new roads have been built in Mexico since 2012. The PNI programme also includes improv
    Read More

Highlighted Content