Two Chinese provinces set ambitious plans

Plans are now well in hand in China's Hebei and Zhejiang Provinces to build new highway connections and boost transport infrastructure. In Hebei Province a total of 12 highway projects worth an impressive US$9.66 billion will commence in 2011. These new highways will add a total of 852km to the network of the province. In addition, the authorities in Hebei Province are detailing additional plans to continue to develop the highway network with a target set of 6,762km in total by the end of 2015.
March 5, 2012 Read time: 1 min
Plans are now well in hand in China's Hebei and Zhejiang Provinces to build new highway connections and boost transport infrastructure. In Hebei Province a total of 12 highway projects worth an impressive US$9.66 billion will commence in 2011. These new highways will add a total of 852km to the network of the province. In addition, the authorities in Hebei Province are detailing additional plans to continue to develop the highway network with a target set of 6,762km in total by the end of 2015.

Meanwhile in Zhejiang Province, the Wenzhou Communications Investment Group will benefit from a syndicated loan that will partly fund two road projects. The $4.77 billion loan will be used to build the Wenzhou section of Ningbo-Taizhou-Wenzhou Expressway and the Wenzhou extension section Zhuji-Yongjia Expressway. The syndicated loan is led by the Bank of China along with the 2621 China Development Bank.
Highway & Network Management

For more information on companies in this article

Related Content

  • Morocco’s new motorway links are boosting connectivity
    December 16, 2014
    Morocco’s massive motorway construction programme will improve transport connections and boost this North African country’s economy - Mike Woof reports A massive road building programme is transforming Morocco, with new motorways connecting cities and major towns, as well as many new rural roads being built. The Moroccan Government has set an impressive plan for its infrastructure investment that will see even the country’s small and remote villages having proper connections to the main road network. The
    Read More
  • Vietnam sets highway plan in action
    February 16, 2012
    Road upgrades and improvements are crucial to improve infrastructure in Vietnam, according to the country's Directorate for Roads.
    Read More
  • China’s Hebei province developing transport infrastructure
    March 25, 2019
    China’s Hebei Province is planning a series of transport infrastructure improvements during 2019. Highway construction will be amongst the works being prioritised under the plan, which has a budget of over US$8 billion. In all, 1,172km of highway will be built in the province under the programme of works. During 2019, work will commence on six new highway stretches with a total length of 332km. A 217km stretch of highway under construction already will be opened to traffic in 2019, while work is continuing
    Read More
  • China’s Hebei province developing transport infrastructure
    March 25, 2019
    China’s Hebei Province is planning a series of transport infrastructure improvements during 2019. Highway construction will be amongst the works being prioritised under the plan, which has a budget of over US$8 billion. In all, 1,172km of highway will be built in the province under the programme of works. During 2019, work will commence on six new highway stretches with a total length of 332km. A 217km stretch of highway under construction already will be opened to traffic in 2019, while work is continuing
    Read More

Highlighted Content