Work is now commencing on a new highway megaproject in China. The 204km highway will be built in China’s Hebei Province and will cost around US$4.09 billion to construct.
March 21, 2012
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Work is now commencing on a new highway megaproject in China. The 204km highway will be built in China’s Hebei Province and will cost around US$4.09 billion to construct. The project forms part of a network of expressways in Chengzhang.
A new expressway is being built in China’s Guangdong Province. The project is being handled by the Chinese firm Zhonghua Construction company. The contract is worth close to US$124 million and should take three years to complete. In all, the expressway will measure nearly 12km in length
The authorities in Indonesia have set out extensive plans to source funding for new tolled highways. In all seven highway projects have been identified as crucial to expanding the network and improving connectivity for the Indonesian islands of Sulawesi, Java and Sumatra. Some US$25 billion in loans from overseas has been sourced by the Public Works Ministry of Indonesia.
Work on a new 550km-long coastal highway is to commence in northern Vietnam. The highway will be built across five provinces and will connect with Haiphong City. The planned route will run through the provinces of Thanh Hoa, Ninh Binh, Nam Dinh, Thai Binh and Quang Ninh. The project should be complete by 2020 should all go to plan and is to be carried out under the PPP model. The cost of the entire highway has yet to be revealed. However the 61km stretch through Thahn Hao Province looks set to have a pricet
