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

  • 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
  • Cambodian connection – construction completion
    May 13, 2022
    Completion of the contract to construct a new Cambodian connection is coming soon.
  • Last link in Vietnam’s North-South Expressway
    May 3, 2024
    The Chi Lang-Huu Nghi section is the last part of the 2,060km-long expressway that connects the southern Mekong Delta with the northern province of Lang Son, bordering China.
  • China targets rural roads for growth
    February 10, 2012
    China's economy has surpassed that of Japan in size, due in part to the country's massive investment in infrastructure. And with that infrastructure spending showing no sign of ceasing, China's economy looks set to continue to grow.