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
Read time: 1 min
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).
Discussions are being held in Myanmar with regard to the country’s Elevated Expressway Project. The Myanmar Government has been in talks with the International Finance Corporation (IFC). The project is expected to cost US$400 million, with work due to commence in 2019 and likely to require 24-36 months to complete. Building the 24km expressway will improve transport between the north and south of Yangon City. The project will be carried out under the PPP model, with IFC advising on the work.
Sri Lanka’s of Central Expressway project is well underway, with Phase II now being planned, Funding worth close to US$154.4 million is being delivered jointly by the People's Bank and the National Savings Bank in the shape of loans. The Section II of the project will measure nearly 40km in length and will run between Meerigama and Kurunegala. As much of this section of the route is on comparatively flat terrain, the work is expected to be less challenging from a technical viewpoint than other stretches pla
