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

  • Highway work boost in North Africa
    August 21, 2012
    North Africa is seeing construction business return - Mike Woof reports After a troubled period, stability looks to be returning to North African nations, which can only be good for the road construction sector. First Tunisia, then Egypt and finally Libya saw tumultuous revolts against the previous autocratic (and in one case at least, despotic) rulers. All three nations are now benefiting from a return to stability, with economic growth also improving once more.
    Read More
  • Australia sets transport agenda
    February 13, 2012
    The highway authorities in Australia have committed to investing in road infrastructure in Northern Territory, Queensland and South Australia.
    Read More
  • Uzbekistan road improvements planned
    October 8, 2020
    A series of key road improvements is planned for Uzbekistan.
    Read More
  • Kenya rehabilitates, widens, tolls Northern Corridor
    November 8, 2017
    A massive highway project in Kenya will boost transport for the country as well as its neighbours - Shem Oirere reports. Kenya has commenced the process of rehabilitating, expanding and tolling of 657km of East Africa’s Northern Corridor that is anchored on the Indian Ocean port of Mombasa and which links the gateway with landlocked countries of Uganda, Rwanda, Burundi and parts of eastern Democratic Republic of Congo (DRC).
    Read More

Highlighted Content