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

  • US states spending on transport development
    March 25, 2022
    A new report shows US states are spending on transport development.
  • ALARM survey wins the argument for UK government backing and more road spending
    February 27, 2015
    A UK-based “Annual Local Authority Road Maintenance (ALARM) Survey” has proved so successful that its backers believe it has started to change government policy and attitudes to the country’s road maintenance plan. ALARM, which is backed by the Asphalt Industry Alliance (AIA), has encouraged the UK government to introduce a new long-term 5-year £1 billion road maintenance funding plan and its findings are being openly used by senior members of the Cabinet said Rick Ashton, market development manager at Tota
  • Spain: 'spend more on maintenance'
    July 5, 2012
    Spain's road maintenance deficit has now reached €8.6 billion in the period since 2005, according to road maintenance companies. The industry has now asked the authorities to invest 2.5% of the roads value on maintenance to take up the shortfall. The companies include Imesapi and Dragados (ACS); Grupisa (Ferrovial); Acciona Mantenimiento de Infraestructuras (Acciona); Martinsa (FCC); Valoriza (Sacyr), and Elsan (OHL). This group says that the value of all the roads the Spanish government is responsible for
  • Palfinger achieves record revenue and signs milestone Sany Group deal in 2012
    February 12, 2013
    Palfinger achieved record revenues in 2012 of US$1.251 billion (€935.2 million) – a year-on-year rise of 10.6%. The Austrian manufacturer of cranes, hydraulic lifts, loading and handling systems says the increase was mainly due to strong trade in North America, South America, CIS and the global marine business sector, as well as the continuation of a consistent internationalisation policy pursued in recent years. A further positive trend was said to be observed in other non-European regions. Meanwhile, in E