Skip to main content

China’s Chonqing mumicpality spending on transport

In China Chongqing municipality has announced plans to invest close to US$12 billion (74.5 billion RMB) in transportation developments in 2015. Chongqing plans to spend $5.97 billion (37.1 billion RMB) in road construction, including 5,000km of rural roads while three new highways are due for completion in 2015. Other transport investments including spending boosting the rail network in the city by 155km and developing civil aviation.
January 9, 2015 Read time: 1 min
In China Chongqing municipality has announced plans to invest close to US$12 billion (74.5 billion RMB) in transportation developments in 2015. Chongqing plans to spend $5.97 billion (37.1 billion RMB) in road construction, including 5,000km of rural roads while three new highways are due for completion in 2015. Other transport investments including spending boosting the rail network in the city by 155km and developing civil aviation.

Related Content

  • Chinese investment
    February 6, 2012
    China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
  • Bauma China 2014 during boom time for Chinese infrastructure investment
    January 6, 2014
    The significance of this year’s Bauma China exhibition in Shanghai has been highlighted by new figures showing that China invested US$220.27 billion (RMB 1.346 trillion) in civil engineering and infrastructure projects in the first six months of 2013 – with the National Bureau of Statistics of China claiming a year-on-year increase of more than 21%. The largest share of H1 2013 investment went into road-building, with Bernd Schaaf of Germany Trade & Invest (GTAI), Germany’s economic development agency, rep
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the