China approves major Zhejiang province road

China’s Ministry of Transport has given the green light for construction of a US$1.67 billion highway in the eastern seaboard province of Zhejiang. The project is for a 58km road linking Taishun County with Wencheng County, around the nearby city of Wenzhou. Last month the ministry passed a feasibility study for the work which is set to start sometime next year.
May 17, 2016 Read time: 1 min
China’s Ministry of Transport has given the green light for construction of a US$1.67 billion highway in the eastern seaboard province of Zhejiang.

The project is for a 58km road linking Taishun County with Wencheng County, around the nearby city of Wenzhou.

Last month the ministry passed a feasibility study for the work which is set to start sometime next year.
Finance & Funding

Related Content

  • Costa Rica highway concession package cancelled
    March 19, 2014
    The Costa Rican Government is paying compensation worth US$28.4 million for the cancellation of a highway concession package. The compensation relates to the San José-San Ramón highway concession and is being paid to the Brazilian construction company OAS, reports Business News Americas. This follows a legal dispute over the project and is some $10 million less than OAS originally claimed in compensation. The 30 year concession package was cancelled last year due to opposition. There were allegations of a c
    Read More
  • Plans for Italian highway
    February 29, 2012
    Plans are in hand in Italy for a ?2 billion highway project linking Livorno with Civitavecchia.
    Read More
  • Pakistan’s new Karachi-Hyderabad highway
    September 23, 2024
    Pakistan is planning a new Karachi-Hyderabad highway
    Read More
  • Saudi Arabian capital Riyadh benefiting from major transport investment
    September 9, 2013
    Saudi Arabia is undergoing a series of upgrades to its transport network in a bid to improve Traffic flow rates and boost safety - Mike Woof reports. The massive growth in the use of motor transport worldwide since the start of the 20th century has transformed every country on the planet. But perhaps no country has changed more dramatically than Saudi Arabia, the world’s leading oil producer. At the start of the 20th century Saudi Arabia’s population was small and the country had few industries while it is
    Read More

Highlighted Content