China’s Shaanxi province to boost transportation investment by 22%

China’s northwest province of Shaanxi plans to increase its spending on highways by 22% to nearly US$8.9 billion, according to an official statement. World Highways reported last year that Shaanxi was to spend nearly $5.8 billion in 2014. Of the total, nearly $5.8 billion has been allocated for five highway construction projects totalling 261km. Within 2015, there will be 600km of new highways in the province, raising the total highway length to over 5,000km by the end of 2015. Meanwhile, 11 new
July 13, 2015 Read time: 1 min
China’s northwest province of Shaanxi plans to increase its spending on highways by 22% to nearly US$8.9 billion, according to an official statement.

World Highways reported last year that Shaanxi was to spend nearly $5.8 billion in 2014.

Of the total, nearly $5.8 billion has been allocated for five highway construction projects totalling 261km.

Within 2015, there will be 600km of new highways in the province, raising the total highway length to over 5,000km by the end of 2015.

Meanwhile, 11 new roads will be opened between August and December.
Finance & Funding

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