New Chinese link

Chinese firm Jiangsu Expressway Company is to invest a healthy US$600 million in the Kunshan-Wujiang section of the Changshu-Jiaxing Expressway.
February 28, 2012 Read time: 1 min
Chinese firm 3326 Jiangsu Expressway Company is to invest a healthy US$600 million in the Kunshan-Wujiang section of the Changshu-Jiaxing Expressway. This sum represents 30% of the total investment, while the remaining 70% will come from a yet to be named investment firm from the Suzhou Municipality. An approval has been granted by Jiangsu Expressway's board to invest in the section with 28.44km in a total length. Development work will be started by end-2011, with the highway featuring six lanes when it opens in 2014. A feasibility study is being carried out at present for the project.

For more information on companies in this article

Related Content

  • New Vietnam North-South highway link planned
    April 12, 2017
    Work on the new North-South Highway in Vietnam is now underway, with preparatory work having commenced in 2016 and construction scheduled for completion in 2020. The project is being carried out under the PPP model, with initial funding being provided by a system of Government Bonds. The project is expected to cost US$2.43 billion to complete. The tender process for the design phase of the project is now opening, while a pre-feasibility study has yet to be carried out. The project is being overseen by Vietn
    Read More
  • Bangladesh elevated expressway contract awarded
    November 22, 2021
    The contract for an important Bangladesh elevated expressway contract has been awarded.
    Read More
  • Russia's key highway development project
    February 8, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports
    Read More
  • Russia's key highway development project
    May 28, 2012
    One of the largest construction programmes in Europe is being carried out to get a Russian resort ready for the Winter Olympics. Patrick Smith reports. Daytime temperatures top 30°C in September, and with hundreds of shops and hotels, it is not difficult to see why Sochi has become Russia's premier holiday playground. The city, on the east coast of the Black Sea, near the border with Georgia, bustles with tourists, and this is boosted with delegates at the 9th International Investment Forum Sochi 2010.
    Read More

Highlighted Content