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.
Road Structures

Related Content

  • Canada: National Bank and Axium refinance Sea-to-Sky Highway
    July 19, 2016
    National Bank Financial and Axium Infrastructure have refinanced the Sea-to-Sky Highway Improvement Project in the Canadian province of British Columbia. A statement from Axium said that the US$427 million 25-year public-private-partnership had “strong investor support and an A2 rating from Moody’s”. The Sea-to-Sky Highway Investment Limited Partnership - Axium Infrastructure, Régime de Rentes du Mouvement Desjardins and Nova Scotia Pension Agency - is the consortium in charge of the concession. In
    Read More
  • Concern over the state of US bridges
    April 1, 2019
    Bridge condition is a serious concern in the US, according to a new report from American Road & Transportation Builders Association (ARTBA).
    Read More
  • Volvo CE is increasing margins despite weak sales
    July 24, 2013
    Volvo CE reports that its operating margin has recovered in the second quarter of 2013, although the firm has been hit by weaker sales, especially in the mining industry. This situation reflects the continued slowdown in the size of the total market for construction equipment and the company’s sales were down 19% during the period. However the firm said that behind the headline figures there were underlying positives, not least a good order intake and improving trends in China, Europe and the Middle East, a
    Read More
  • Major road plans are being set for Russia’s two key cities
    May 14, 2012
    Targets are being set for road investment, construction and repairs in Russia. To meet the country’s infrastructure needs, Russia’s National Association of Builders estimates that some 1,500km of roads must be built/year. Meanwhile the highway authorities in Moscow are aiming to repair around 33% of the city’s road surface every year. Some 23.6 million m2 of road surface will be repaired in Moscow during 2012, compared with 24.7 million m2 in 2011.
    Read More

Highlighted Content