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.
China's car rental market is set to record a 17% increase in revenue during 2015 to US$6.33 billion (CNY 39bn) compared to 2010, according to Roland Berger Strategy Consultants. The country's top rental firm, China Auto Rental, is expected to be offering more than 100,000 cars by 2018. The firm recently launched a strategic plan to 2018. In June 2013, China Auto Rental hired world famous football player David Beckham as the company's ambassador. The car rental services provider currently offers 55,000 cars
A series of major highway sections in Serbia should be completed during 2017, including work to two stretches of the key Corridor 10 project. In all, some 122km of highways are expected to be opened to traffic in Serbia during 2017. Greek contractor Actor is building an 18km stretch of Corridor 10 that runs from Surcin to Obrenovac part. This firm is also building a 19.5km section of Corridor 10 from the Ostruznica Bridge that spans the Sava River to Bubanj Potok, and a further 10km section leading to Buban
Drilling work on the Eurasia Tunnel connecting Istanbul's European and Asian sides has been completed.
Total length of the tunnel will be 5.4km, of which 3.3km will run under the sea. At its deepest point, the tunnel will be around 106m deep, according to a report by Hurriyet newspaper.
Completion of the whole project is expected in the first quarter of 2017. The cost of the project amounts to some US$1.2 billion, of which $960 million has come from investment banks.
Upon completion, the tunnel wil
Three of China’s provinces, Jiangsu, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Jiangsu Province has set an impressive infrastructure budget.
Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
