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.
June 21, 2012
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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.
China's Guangdong province will invest US$16.36 billion (CNY 99 billion) in transport infrastructure construction projects during 2014. Of the total, $11.46 billion (CNY 70 billion) will be set aside for construction of expressways. Another $2.27 billion (CNY 13.9 billion) will be used to build local roads, while $1.31 billion (CNY 8 billion) will go towards construction of national and provincial highways.
In 2014, eight new expressway projects measuring 938km in total will begin in Guangdong. They inclu
China’s Hebei province plans to spend US$3.47 billion (CNY 21.6 billion) in 2014 to build and maintain rural and normal trunk roads. Rural roads will receive CNY 7.5 billion, normal trunk roads CNY 9.1 billion and road network optimisation CNY 5 billion.
Meanwhile, the Chinese city of Yibin will this year invest more than $1.61 billion (CNY 10 billion) in transport projects. During 2014, Yibin plans to spend a total of $6.59 billion (CNY 40.7 billion) on 157 major projects. They include 58 basic infrastruc
China’s new longest highway is due to be completed by the end of June 2014. Around 97% of Xinjiang region's 428.9km Aksu-Kashgar highway is said to have been completed to date. The new route will eventually cost just over US$2 billion (CNY 12.3 billion) and is scheduled to open at the end of September 2014.
Over the next 17 years, China will invest US$766.15 billion (CNY 4.70tn) to expand the country's major road network by over two times. By 2030, the length of roads in China is expected to total 5.8 million kilometres, with trunk ways and highways making up 7% of the total. Provincial and countryside roads are expected to account for 9% and 84% respectively. According to a road expansion blueprint approved in May 2013 by the State Council, the length of toll-free trunk ways and toll highways should by 2030 i
