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

  • Ethiopia planning road network growth
    June 11, 2018
    Ethiopia is setting a target of 2020 to complete its road expansion programme. The plan has been to double the length of the country’s road network in the period from 2015 to 2020. At present Ethiopia has around 121,200km of roads, compared with around 100,000km of roads in 2015. But by 2020, the Ethiopian Roads Authority (ERA) aims to expand the network to 200,000km.
    Read More
  • New Zealand’s US$20 billion transport development programme
    September 12, 2024
    New Zealand is setting a budget of US$20 billion for its transport development programme.
    Read More
  • Healthy sales for Volvo CE
    October 18, 2023
    Volvo CE’s earnings are strong and stable for the third quarter
    Read More
  • Major investment in infrastructure for China’s Yunnan Province
    July 17, 2014
    A colossal road construction plan has been revealed by China’s Yunnan Province. The authorities have revealed that the new infrastructure programme calls for the addition of a further 1,500km of highways. To achieve this, a budget of some US$24.17 billion has been set for the 2014-2015 period. With this road development programme in place the authorities have estimated that by the end of 2015 the province will have a highway network comprising some 4,500km in total.
    Read More

Highlighted Content