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$1.89billion (CNY 11.97bn) has been allocated to build 51.47km of highways across the city of Shijiazhuang in Hebei Province, China.
The feasibility report for the plan was recently approved by provincial authorities.
Zhejiang, Hunan and Hubei provinces in China are all planning huge highway development programmes. In all the work will cost over US$ billion. One of the key projects is for a stretch of the Tianjin-Shijiazhuang Expressway, which is due for completion at the end of 2019.
China’s northwest province of Shaanxi plans to increase its spending on highways by 22% to nearly US$8.9 billion, according to an official statement.
World Highways reported last year that Shaanxi was to spend nearly $5.8 billion in 2014.
Of the total, nearly $5.8 billion has been allocated for five highway construction projects totalling 261km.
Within 2015, there will be 600km of new highways in the province, raising the total highway length to over 5,000km by the end of 2015.
Meanwhile, 11 new
China Railway Construction has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways.
The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.
