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.
Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
In China's Xinjiang region, the G30 Sailimu Lake-Wusu highway renovation and the Kashgar-Aksu highway construction projects have been approved by the regional authority. The 301km Sailimu Lake-Wusu highway renovation is scheduled for completion by the end of October 2013, following an investment of US $ 631.05 million.
In China's Gansu province, the city of Lanzhou has earmarked US$10.92 billion in the next six years.
The rural road network of Lanzhou will be expanded from 6,616km to 9,013km, while highways will be expanded from 354km to 614km.
Lanzhou will also boost its general national and provincial roads from 759km to 1,627km.
From 2015 to 2020, the province of Gansu plans to invest $80.58 billion in road construction over the next six years.
