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).
The funding for a stretch of Sri Lanka’s Central Expressway project now looks to have been secured. A loan of nearly US$904 million from Japan’s Mitsubishi UFJ Financial Group (MUFG) will provide the necessary finance package for the project. The route of the Central Expressway runs from Colombo to Dambulla, having originally been called the Northern Expressway Project. This latest funding package will help pay for work to the 32.5km link running off to the east at Pothuhera and running to Galagedara, close
Work is progressing on-track on Sri Lanka's Southern Expressway project. This will be the country's first expressway and is expected to be completed by 2012, removing the bulk of traffic from the existing coastal road that is highly congested and also has serious safety issues.
Chinese contractor China Railway Construction Corporation Limited (CRCC) is now working on two huge highway projects worth over US$417 million in total. One of the projects involves work to an existing route in Sichuan Province. This will see the Hongxing road south in Chengdu City being extended. At Suzhou City in Jiangsu Province, CRCC will work on the south central expressway project. Both highway projects will help boost connectivity and trade.
In Bolivia work is progressing on the strategic Incahuasi tunnel project – Mauro Nogarin writes
In southern Bolivia, the Bolivian Highway Administrator (ABC) is supervising the construction of the Incahuasi Tunnel and Monteagudo-Muyupampa-Ipati road. This work is of fundamental importance for the country as it will improve the flow of traffic and boost trade between the departments of Santa Cruz and Chuquisaca. The Monteagudo-Ipati highway project includes the Incachuasi tunnel which has a length of 96km
