Major infrastructure investment is being made in China

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
January 25, 2013 Read time: 2 mins
In China’s 5389 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 will be spent in 2013. The authorities in Zhejiang Province will focus on rural road construction, developing provincial and county roads, building new expressways, renovating dangerous bridges and maintenance and repair works. And in Hunan Province $9.16 billion will be spent on highways during 2013. A total of 14 highways stretching over 1,023km will be completed and opened to traffic. The authorities in Hunan Province also intend to complete upgrading works on 210km of highways and begin the construction of 428km of highways. By the end of 2013, the aim is for the total length of highways in operation in Hunan Province to exceed 5,000km.

For more information on companies in this article

Related Content

  • Indian infrastructure investment plans
    April 27, 2012
    In India innovative infrastructure investment plans are being drawn up intended to help develop the country's highway network. The National Highway Authority of India (NHAI) plans to finance its road projects by issuing bonds.
    Read More
  • Mexico has plans for massive infrastructure investment
    July 19, 2013
    Mexico’s Government has plans for a massive programme of infrastructure improvements across the country. In all some US$314 billion will be invested in infrastructure, of which $47 billion will be targeted at improving the country’s transportation network. Mexico’s national transport and communications ministry, SCT, will manage the projects which include works for highways and airports. The plans are expected to include a combination of private and public funding sources, although further details have yet
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • China’s Qinghai Province sets budget for road improvements
    April 12, 2017
    China’s Qinghai Province is setting out plans for major improvements to its road network. The authorities in Qinghai Province have set out a budget of US$28.97 billion for a series of road upgrades to improve the network, which will be carried out over the next five years. The province has already embarked on a series of road upgrades and by 2020, the aim is to boost the road network by 10,000km. The roads will feature concrete construction and the plan is to connect every township and village to the networ
    Read More

Highlighted Content