Skip to main content

Chinese investment in infrastructure

Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
April 24, 2014 Read time: 2 mins
Investment in China’s road infrastructure continues, in the major economic centres of Beijing and Shanghai and with new bridge and highway links to improve connections
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.

Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.

Shanxi Province has plans to invest $3.44 billion in road construction projects during 2014. Seven new highway projects with a total length exceeding 375km will commence in the year. At the same time, 13 projects totalling 842.6km will be completed and open for traffic. Meanwhile in Sichuan Province, some US$11.56 billion will be spent on road projects during 2014. Rural roads measuring 15,000km will be completed under the plans, while 1,700 km of national and provincial main roads are to be upgraded.

Meanwhile plans for a major new bridge project have been given the go-ahead by the 2719 Chinese Government. The project calls for the construction of a second bridge spanning Hangzhou Bay.

The new bridge will provide a more direct connection between the economically important cities of Ningbo in Zhejiang Province and Shanghai. The project looks likely to cost in the region of $2.95 billion to construct, including the connecting roads. The bridge will shorten the travel distance between the cities from 200-160km. And plans are also in hand for a new highway connection between Myanmar and China. The governments of the two countries have been discussing the possibility of the Myanmar-China Corridor. This route would run from Ruili in China to Kyaukphyu in Myanmar. The work is likely to be carried out under the PPP model, with a build, operate, transfer package for the winning tender. The first stage of the project will commence during 2014.

For more information on companies in this article

Related Content

  • US$12.85 billion for new Chinese highways
    September 17, 2024
    New Chinese highways worth US$12.85 billion are being planned.
  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
  • New highway infrastructure planned for Nepal
    March 18, 2014
    Interest is said to be strong for a key highway project in Nepal. The project to build the US$1.02 billion Kathmandu-Tarai Fast Track route has attracted interest from China in the shape of the China Infrastructure Investment Corporation (CIIC) and from India with Reliance Infrastructure, and Shapoorji Pallonji. The 76km highway will commence at Khokana and connect capital Kathmandu with Nijgadh. Should CIIC win the deal it has said it will source funding from China’s Exim Bank. The project has been hit by
  • Mexico’s new Jala-Puerto Vallarta Highway
    August 29, 2017
    Mexico’s highway infrastructure plays a key role in the country’s economy, carrying around 55% of its freight and 98% of its passenger traffic. To meet this demand, the network has 377,660km of roads in all. This is split between the 49,652km federal highway network, the 83,982km of state roads, 169.429km of rural roads and 74,596km of access roads. mHowever, although the federal road network manages to connect a large part of the country's strategic points, some stretches already present problems with satu