Skip to main content

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%.

Related Content

  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
  • Grasim Industries of India welcomes income rise
    August 16, 2019
    India-based cement, textiles and chemicals firm Grasim Industries (Aditya Birla Group) saw its year-on-year income rise 12.72% to INR 19.09 trillion (US$257.9bn) in the 1 April to 30 June 2019 period. The company achieved a consolidated net profit of INR 17.86bn ($249.43mn) , up by 27.86%. UltraTech, Grasim Industries’ cement subsidiary, contributed INR 10.18tn ($143.15bn) in revenues, up by 14.35%. A Scheme of Arrangement amongst Century Textiles and Industries Limited (Century), UltraTech and their
  • Mexico’s programme of infrastructure development
    September 12, 2018
    The Mexican Government is on track with its programme of infrastructure development for the time period from 2012 and 2018. Work completed includes the construction of 38 highways and 33,000km of rural roads. In addition, 77 federal roads have also been widened and rebuilt. The country’s Secretariat of Communications and Transport (SCT) says that much of this work has been carried out under the PPP model, with financing of around US$3 billion. The new highways stretch for a total of 2,400km and includes urb
  • Egypt roads expansion programme planned
    March 15, 2017
    Plans have been announced for the third phase of Egypt’s road expansion programme. This is expected to be carried out in the 2017-2018 period and is intended to add a further 7,000km to the country’s road network. The second phase of the road expansion programme is now being completed. The programme has been organised jointly by the Ministry of Transportation and the Armed Forces Engineering Authority and the Housing Ministry. Local firms have carried out around 30% of the work, with large companies having