Skip to main content

Guangdong’s US$16.36bn for new build transport infrastructure

China's Guangdong province will invest US$16.36 billion (CNY 99 billion) in transport infrastructure construction projects during 2014. Of the total, $11.46 billion (CNY 70 billion) will be set aside for construction of expressways. Another $2.27 billion (CNY 13.9 billion) will be used to build local roads, while $1.31 billion (CNY 8 billion) will go towards construction of national and provincial highways. In 2014, eight new expressway projects measuring 938km in total will begin in Guangdong. They inclu
January 9, 2014 Read time: 1 min
China's Guangdong province will invest US$16.36 billion (CNY 99 billion) in transport infrastructure construction projects during 2014. Of the total, $11.46 billion (CNY 70 billion) will be set aside for construction of expressways. Another $2.27 billion (CNY 13.9 billion) will be used to build local roads, while $1.31 billion (CNY 8 billion) will go towards construction of national and provincial highways.

In 2014, eight new expressway projects measuring 938km in total will begin in Guangdong. They include Huadu-Dongguan expressway, and the Shunde section of Foshan-Jiangmen expressway. At the same time, eight expressways will be completed in the province.

Related Content

  • New Zealand: 10-year plan sets out road infrastructure spending
    December 19, 2014
    New Zealand will spend US$30 billion over the next decade on public transport, including road works not just in major urban areas but in the provinces. The announcement was made by Transport Minister Simon Bridges after the government approved the draft Government Policy Paper 2015. The approved document takes into consideration concerns by local government that their transport infrastructure needs would be ignored in favour of those for large urban areas, the New Zealand Herald newspaper reported.
  • EBRD backs Russian project
    April 25, 2012
    The European Bank for Reconstruction and Development's (EBRD) board of directors has approved a US$260.56m loan for the construction of the central section of the Western High-Speed Diameter (WHSD) in St Petersburg by 2014. Magistral Severnoy Stolitsy (MSS) consortium must invest at least ROUBLE82.86billion (US$2.61billion) in the 11.5km stretch of mostly eight-lane motorway.
  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
  • US road crashes increasing for 2015?
    August 19, 2015
    There is mounting concern in the US at the high number of crashes during 2015. For the first seven months of 2015, there has been a 14% increase in the number of traffic fatalities compared with the same period in 2014. The data shows that there were 18,630 road deaths in this period, with over 2.2 million serious injuries. This is a notable increase and should the trend continue it will mean that 2015 will have had the highest rate of road deaths since 2007. The cause (or causes) of the increase in road de