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
Read time: 1 min
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.
Two Chinese provinces are investing a combined US$9.36 billion in transport infrastructure during 2014.
Shaanxi province in northwest China plans to invest $5.79 billion (CNY 35 billion), enabling the upgrade of 5,000km of rural roads and the construction of around 1,110km of highway. The authorities will also strive to complete the Xianyang-Xunyi, Luofu-Weizhuang and Jiangzhang-Famensi highways in 2014, which will add about 160km of highway in Shaanxi province.
Meanwhile in southwest China, the Yunnan pr
Ukraine’s Shulgin State Road Research Institute (DNDI) said US$32.65billion (UAH 264bn) needs to be spent on the country’s roads from 2013-2018. Within the overall figure, DNDI said US$13.22billion (UAH 108.3bn) should be allocated on maintenance and current repair, US$11.83billion (UAH 96.89bn) on construction and reconstruction of 2,200km of highways, and US$2.35billion (UAH 19.27bn) on overhaul.
Plans for massive highway construction projects have been unveiled in China. A 451km highway has been announced that will connect the cities of Yibin an Panzhihua. This is expected to cost as much as US$12 billion, with two firms carrying out the project under the build-operate-transfer model. Construction is due to commence later this year and is expected to take five years to complete. Meanwhile in Yunnan Province, the authorities are planning two highway projects worth a total of $3.75 billion. A new 50k
