China’s Ningxia Hui region plans transport development

A huge budget for transport development has been set by the authorities in China's Ningxia Hui autonomous region. The US$3.2 billion (RMB 22 billion) budget for 2017 represents a 13.8% increase over the figures for 2016, revealing the extra focus being given to upgrading the region’s transport network. Of the budget, $1.454 billion will be used to boost the region’s network of highways. The Ningxia Hui autonomous region is located in the north of China and has a comparatively low population density, so this
February 1, 2017 Read time: 1 min
A huge budget for transport development has been set by the authorities in China's Ningxia Hui autonomous region. The US$3.2 billion (RMB 22 billion) budget for 2017 represents a 13.8% increase over the figures for 2016, revealing the extra focus being given to upgrading the region’s transport network. Of the budget, $1.454 billion will be used to boost the region’s network of highways. The Ningxia Hui autonomous region is located in the north of China and has a comparatively low population density, so this road development programme is intended to improve transport link in areas that have previously had insufficient connectivity.
Road Structures Finance & Funding

Related Content

  • Business confidence
    June 10, 2019
    Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road
    Read More
  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%
    Read More
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
    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

Highlighted Content