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

  • Sri Lanka secures ADB loan of $800m towards latest road revamps
    October 26, 2015
    The Asian Development Bank will loan US$800 million to Sri Lanka toward phase three of the country’s Integrated Road Investment Programme. The programme will improve more than 3,100km of rural roads and nearly 250km of national roads at a total cost $906 million. Work will take place in Sabaragamu provinces, Kaluthara District, Central, North Central and North Western Provinces. Sri Lanka recently announced that $292 million has been secured from the Japan International Cooperation Agency for a new
    Read More
  • Increased spending for St Petersburg roads
    May 21, 2012
    The authorities in the Russian city of St Petersburg will spend some US$514.6 million on road construction and reconstruction during 2012. The city authorities will use public and private partnerships to push ahead with planned road infrastructure projects. Private investors will be invited to participate in construction of two highways with bridges across the Neva River, a highway with a bridge at the intersection of Fayansovaya and Zolnaya streets, and the Northern highway #7 connecting Arsenalnaya embank
    Read More
  • Mexico’s programme of infrastructure development
    September 12, 2018
    The Mexican Government is on track with its programme of infrastructure development for the time period from 2012 and 2018. Work completed includes the construction of 38 highways and 33,000km of rural roads. In addition, 77 federal roads have also been widened and rebuilt. The country’s Secretariat of Communications and Transport (SCT) says that much of this work has been carried out under the PPP model, with financing of around US$3 billion. The new highways stretch for a total of 2,400km and includes urb
    Read More
  • Slovakia's OPD transport cash
    April 26, 2012
    Slovakia had received €979million (US$1.28billion) from the European Commission's Operational Programme Transport (OPD) by the end of November 2011, according to Government sources. The money, which can be used until 2015, will pay for 40km of expressways, around 90km of motorway, and improvements to 80km of railways and 600km of roads.
    Read More

Highlighted Content