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

  • China’s expanded expressway future
    August 12, 2022
    China has major plans to expand its expressway system.
    Read More
  • Rural road boost in China
    April 26, 2012
    The local authorities in China's Sichuan Province are planning a massive expansion and improvement programme targeted at rural roads. Over US$12.7 billion will be invested in rural road development during China's 12th Five-Year Plan, which is for the 2011-2015 period.
    Read More
  • China’s Shanxi Province is investing heavily in highway expansion
    April 16, 2012
    The authorities in China's Shanxi Province are investing heavily in highway expansion. By the end of 2012, the total highway/expressway network Shanxi Province will be some 5,000km. This will cost some US$15.85 billion for expressway construction during the year. A total of 23 expressway projects totalling 1,600km will be constructed during 2012. By the end of 2015, the total expressway distance in Shanxi Province should reach some 6,300km, from 4,000km in 2011.
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More

Highlighted Content