China’s transport infrastructure expansion programme remains stable

China’s transport infrastructure expansion programme is continuing at a steady rate. This has been revealed with new figures from China’s Ministry of Transport. In the period from January 2018 to June 2018 US$190.9 billion was invested in transport infrastructure projects across China. However the focus has shifted slightly with an increase in funding for rural road projects of around 1.8% and a gain for expressway projects of 12.8%.
August 2, 2018 Read time: 1 min

China’s transport infrastructure expansion programme is continuing at a steady rate. This has been revealed with new figures from China’s Ministry of Transport. In the period from January 2018 to June 2018 US$190.9 billion was invested in transport infrastructure projects across China. However the focus has shifted slightly with an increase in funding for rural road projects of around 1.8% and a gain for expressway projects of 12.8%.

Finance & Funding

Related Content

  • Italy’s construction market is growing
    November 18, 2019
    Investments in the construction sector continue to grow, driven by the resumption of public works.
    Read More
  • Wuxi, China to invest US$1.28 billion in transport infrastructure
    February 19, 2013
    The Chinese city of Wuxi plans to invest US$1.28 billion (CNY 8bn) in transport infrastructure during 2013. Alterations will be made to 150 dangerous bridges and 15 bus routes will be adjusted and opened within the year. Wuxi will also replace and add 100 buses and construct and upgrade 150km of rural roads. The Shuofang International Airport's second-phase terminal expansion will be completed within 2013, part of plans to increase the airport's passenger throughput to 3.6 million per year.
    Read More
  • 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.
    Read More
  • Transport investment up 28.86% in Kunming, China H1 2013
    August 27, 2013
    The Chinese city of Kunming has increased spending on transport by 28.86% to almost US$1.8 billion (CNY 10.99 billion) in the first half of 2013, compared to the same period of 2012. According to the Kunming Traffic Transport Bureau, who disclosed the investment rise, the total included $1.71 billion (CNY 10.59 billion) spent on airport facilities, urban rail transports and key city and provincial projects, and $8.66 million (CNY 53.42 million) on rural roads.
    Read More

Highlighted Content