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.
Around US$2.21 billion (UAH 18bn) will be invested in road construction and repairs in Ukraine in 2013. According to infrastructure minister Vladimir Kozak, intentional financial institutions will account for around $362.49 million (UAH 3bn) of the total investments. The rest of funds will be raised under state guarantees. The most significant individual project sum of $108.74 million (UAH 900mn) will be allocated to building a bridge in Zaporozhye. The first stage will be launched in 2014.
Three new expressway projects are planned for China's Hubei Province. Building the new links will cost US$2.17 billion. One of the projects is for a 47.6km link of the route running from Zaoyang to Qianjiang and featuring two lanes in either direction. Another project is for a 24.9km stretch of the route from Qichun to Taihu, again with two lanes in either direction. The third project is for a 61.9km stretch of the route from Qianli to Jiangling.
The most expensive highway ever built in Nevada will open before the end of August to a storm of protest. The new 13.7km Interstate 580 three-lane motorway, which is reported to have cost more than US $0.5 billion to construct, has been dubbed a vanity project by local politicians.
