Hunan and Fujian province in China are investing in infrastructure

Official data from Hunan Province, Hubei Province and Fujian Province in China reveal major infrastructure investment plans. Hunan Province will invest US$10.92 billion (CNY 66 billion) on transportation in 2014. Construction work will commence on more than 10 highways with a total length of 600km in 2014. Highway projects will account for $6.45 billion (CNY 39 billion) of the total investment. Hunan's rural road developments will involve an investment of $1.24 billion (CNY 7.5 billion) and a total length o
January 28, 2014 Read time: 2 mins
Official data from Hunan Province, Hubei Province and Fujian Province in China reveal major infrastructure investment plans. Hunan Province will invest US$10.92 billion (CNY 66 billion) on transportation in 2014. Construction work will commence on more than 10 highways with a total length of 600km in 2014. Highway projects will account for $6.45 billion (CNY 39 billion) of the total investment. Hunan's rural road developments will involve an investment of $1.24 billion (CNY 7.5 billion) and a total length of 8,000km, while 1,500 new national and provincial trunk roads will be put into construction at $2.31 billion (CNY 14 billion). For Fujian Province some $5.96 billion (CNY 36 billion) will be invested in highway construction projects in 2014. The focus will be on completing five projects, which run for a total of some 118km. Work will also continue on 22 road projects that have a combined length of 918km. For Hubei Province, major projects will include airport developments. Hubei Province also intends to complete the construction of 749km of highways during 2014. In July-December 2014, work will commence on the Xiangyang airport expansion project.
Road Structures

Related Content

  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
    Read More
  • US road safety is a cause for concern
    September 6, 2021
    There is concern over a worrying trend in US road safety, while there have been steady gains in road safety in Europe
    Read More
  • US highway bill finally receives approval by government
    September 27, 2012
    After a long series of delays, the US Government has finally managed to agree the latest highway reauthorisation bill. This comes after numerous short term extensions of the previous bill, due to political stalemate. The short term extensions were not sufficient to allow firms to invest and this situation stunted construction activity in the country. With the bill now in place, contractors will be able to look forward to some transport spending, and will likely increase spending on replacing old constructio
    Read More
  • Nepal road upgrades being planned
    November 28, 2016
    A series of infrastructure upgrades are planned for Nepal that will help improve its economic development. A key infrastructure requirement for Nepal is the development of its road network. In a move to tackle the issue, Nepal’s Ministry of Physical Infrastructure and Transport has initiated the strategy for the development of roads in all 75 districts by 2022. About US$7.5 billion has been estimated as being required for the completion of this project. Funding will require financing from internal sources
    Read More

Highlighted Content