Skip to main content

China’s Jiangsu Province invests in infrastructure

In China Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.
February 14, 2014 Read time: 1 min
In China Jiangsu Province has set an impressive infrastructure budget. Some US$11.38 billion has been earmarked for transportation infrastructure projects during 2014. Of the total, $4.53 billion will be invested into road construction projects, while some $454.8 million will be targeted at the construction of civil airports.

Related Content

  • Volvo CE sales up 10% in Q1 2014
    April 25, 2014
    Volvo Construction Equipment says growth in mature markets is the biggest contribution to its 10% sales increase in the first quarter of 2014, compared to the same three months of last year. The first three months of this year saw improved earnings on the back of increased sales, deliveries and order intake. The period also saw the launch of a new range of Volvo CE Tier 4 Final/Stage IV compliant models.
  • China’s Exim Bank to fund two new Macedonia highways
    November 15, 2013
    The Chinese Exim Bank is providing much of the funding for two highway projects in Macedonia. The construction work will be carried out by a Chinese contractor, which has signed a deal with the Macedonian Government. The Chinese Sinohydro Corporation will build two stretches of highway linking Kicevo-Ohrid and Miladinovci-Stip. These will measure 56.7km and 53km long, respectively. Some 90% of the construction costs will come from the Macedonian Government, with this €580 million being provided by the loan
  • Russia’s trans-continental route
    August 10, 2018
    Russia is spending US$10 billion on building a 2,000km section of road connecting China with the EU – Eugene Gerden reports Russia has now started building a 2,000km section of a new transcontinental route, which will connect China and the EU. According to senior officials from the Russian Ministry of Transport, which is implementing the project, the new road, will be known as the Meridian and will stretch through the Russian territory that borders with Kazakhstan and Belarus. This route forms the Russian
  • Major new motorway works planned for Thailand
    February 1, 2022
    Major new motorway works are being planned for Thailand.