Shandong, China gets US$815.48mn for 2012 roads development

China's Shandong province has set aside US$815.48million (CNY 5.16bn) for road developments in 2012, up 10.44% from its road development allocation in 2011. It will see Shandong's road network reaching 245,000km, according to its 2011-2015 plans. The financial department of the province disclosed that the funds will be mainly used for safety construction, equipment purchase, road expansion and maintenance.
June 25, 2012 Read time: 1 min
China's Shandong province has set aside US$815.48million (CNY 5.16bn) for road developments in 2012, up 10.44% from its road development allocation in 2011.

It will see Shandong's road network reaching 245,000km, according to its 2011-2015 plans. The financial department of the province disclosed that the funds will be mainly used for safety construction, equipment purchase, road expansion and maintenance.

Related Content

  • Work starts on the Jinan-Qingdao Expressway in the Shandong province
    January 18, 2016
    In China, construction has started on the US$4.55 billion renovation and expansion of the Jinan-Qingdao Expressway in the coastal province of Shandong.
    Read More
  • US$1.89bn for new highways in Shijiazhuang, China
    June 21, 2012
    A total of US$1.89billion (CNY 11.97bn) has been allocated to build 51.47km of highways across the city of Shijiazhuang in Hebei Province, China. The feasibility report for the plan was recently approved by provincial authorities.
    Read More
  • China’s infrastructure development for Anhui and Jiangsu Provinces
    July 21, 2017
    China’s Anhui and Jiangsu Provinces are developing transport infrastructure with a series of major projects. In Anhui Province plans have been drawn up for road and highway improvements as well as upgrades to other categories of transport infrastructure over the period from 2017 to 2021. The road expansion programme will see Anhui Province increase its highway network by 1,157km to 5,700km during this period.
    Read More
  • Sichuan and Hainan Province in China will see major road network developments
    March 23, 2012
    In China’s Sichuan Province the city of Mianyang intends to invest over US$1 billion in its transportation network during 2012. The investment will be split between rural road construction, national-provincial trunk highway construction and highway construction. The plans also call for 800km of rural roads and 200km roads between townships and counties. Meanwhile some $2.23 billion will be invested by China's Hainan authority for tourist road development by 2015. The authority expects tourist roads in the p
    Read More

Highlighted Content