US $1.2bn Zhoukou-Zhengzhou, China highway construction begins
Work has begun on constructing a US $ 1.2 billion 144km highway between Zhengzhou and Zhoukou in China. The highway has a designed speed of 120km/hour and a width of 28m.
September 11, 2012
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Work has begun on constructing a US $ 1.2 billion 144km highway between Zhengzhou and Zhoukou in China. The highway has a designed speed of 120km/hour and a width of 28m.
The authorities in Serbia are pushing ahead with plans for the Corridor 10 and Corridor 11 highways. Serbia's national state owned highway company, Koridori Srbije, has awarded the contract for advisory services for the €1.9 billion Corridor 10 project to French company Egis International. Under the terms of the deal Egis will provide support for construction of 83.4km of the E-80 highway between the City of Nis and the Bulgarian border at Dimitrovgrad.
Figures recently released indicate that construction spending in China will increase 8.8% each year in real terms through to 2016. Ongoing urbanisation and industrialisation; rebounding foreign investment funding; rising personal income levels and further population and household growth will all work to drive gains. However, further growth will be prevented by a slow-down in the Chinese economy through the forecast period, especially in fixed asset investment. These and other trends are presented in Constru
