Construction starts on Yichang section of China’s Yichang-Yueyang expressway
Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
January 4, 2013
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Construction works have begun on the Yichang section of China’s new Yichang-Yueyang expressway. Covering 51.8km, the Yichang expressway section will cost around US$613.35 million (CNY 3.82bn).
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.
Construction of a new expressway connecting Hambantota with Matara is now underway in Sri Lanka. This new expressway will link with the existing southern expressway that runs between Matara and Colombo through the southern town of Galle. The new Hambantota-Matara expressway is cost US$180 million to construct. Funding for the project has been provided by the Exim Bank of China.
Vietnam's new highway projects Key highway projects are being planned in Vietnam including the Ninh Binh-Thanh Hoa Expressway, which will run for 127km and is expected to cost US$1.6 billion to construct.
