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.
A new US$304.24million highway will be built in Jiangxi Province, China.The Jiangxi Provincial Expressway Investment Group is inviting tenders for the 39.29km route, while environmental impact assessment is in the process of being carried out. The new highway between Fuzhou and Jinxi will be ready for use in July 2015, with construction work due to start in July 2012.
A series of key road and highway projects will boost China’s network. A series of rural roads will be constructed in Tibet autonomous region, with the investment totalling some US$1.9 billion. The plan is to build a total of 24,157km of rural roads and the investment will be made from 2012-2013. Meanwhile work is also commencing on a new highway in Fujian Province. The 74km southeast section of the Fuzhou Raocheng highway is expected to cost $1.98 billion to construct. An agreement over the project has been
Spanish infrastructure operator Abertis is reportedly interested in participating in new motorway projects valued around US$20.9 billion (BRL 42bn) planned by the Brazilian government. However, Abertis said its main interest remained in short-term investment projects which will be connected to its own motorways. As a result, the company may be participating in the BR-050 motorway project, expected to demand an investment of $1.142 billion (BRL 2.3bn). Abertis is also reported to be considering the acquisiti
