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.
Turnkey contracts, including major transport projects, worth US$4.51 billion (EUR 3.28bn) have been signed under the current government administration in Panama since its election in 2009, it has been reported.
The value of the turnkey contracts signed during President Ricardo Martinelli’s time as head of state includes US$1.09 billion allocated to five contracts to widen a 185km road section between Santiago de Veraguas and David to four lanes. The most expensive contract, worth US$ 1.64 billion, is for a
Two of China’s provinces, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Shanxi Province has plans to invest US$3.44 billion in road construction projects during 2014. Seven new highway projects with a total length exceeding 375km will commence in the year. At the same time, 13 projects totalling 842.6km will be completed and open for traffic. Meanwhile in Sichuan Province, some US$11.56 billion will be spent on road projects during 2014. Rural roads measuring 15,000km will
The 30km long third phase of the Madinah-Tabuk highway, the old Madinah-Qassim Road and the third 25km ring of King Khaled Road are among major highways projects to be carried out in Saudi Arabia's Madinah province. A total of US$306.66 million (SAR 1.15bn) has been approved by the Saudi government for the province's transport and road projects during the financial year 2013. Earlier this year, Saudi Arabia's Transport Minister Jabara Al-Seraisry said that SAR 11bn would be invested in new road projects in
