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).
Pakistan’s infrastructure and economic development agency the Central Development Working Party approved six projects worth US$865 million, including the China-Pak Economic Corridor (CPEC) Raikot section Phase-1.
The Raikot section is the 120km Havalian-Thakot stretch and alone is worth around $830 million, according to a report from The Nation newspaper. The agency’s approval is for land acquisition, affected properties compensation and relocation of utilities to give the road a throughway.
A report
Chinese firms are looking to develop overseas sales but are using very different strategies – Mike Woof reports.
Aggressive expansion plans will see Chinese manufacturers boosting overseas sales in coming years. These companies are developing bigger sales profiles around the world, particularly in emergent markets such as Africa, the Middle East and Latin America. It is worth noting too that Chinese products continue to gain in terms of quality and performance. For LiuGong, Sany, Shantui, XCMG and Zoomlion
In China’s Guangxi Zhuang autonomous region, Zhejiang Province and Hunan Province, major infrastructure investment plans are being drawn up for 2013. In the Guangxi Zhuang autonomous region, an investment of US$17.7 billion will be made on transportation development. This will include work on four airports as well as building five highways with a combined length of 363km during the year. Meanwhile, in Zhejiang Province some $48.2 billion will be invested in developing the road network, of which $6.6 billion
