China’s road development continues in Guizhou Province

China’s Guizhou Province is carrying out a major programme of road network expansion and development works. In all the plan calls for the construction of 97,000km of rural roads, which are being built in a bid to boost connectivity. Funding is being provided by the Bank of Guizhou and Bank of Guiyang in the shape of a series of loans.
September 4, 2017 Read time: 1 min
China’s Guizhou Province is carrying out a major programme of road network expansion and development works. In all the plan calls for the construction of 97,000km of rural roads, which are being built in a bid to boost connectivity. Funding is being provided by the Bank of Guizhou and Bank of Guiyang in the shape of a series of loans.
Finance & Funding Road Structures

Related Content

  • Nepal-India bridge project planned
    September 4, 2017
    Plans are being drawn up for a new bridge connection that will link Nepal with India. The bridge will span the Mechi River and will connect India’s Panitanki Bypass with Nepal’s East-West Highway. The project has been the subject of discussions between the two countries and is now moving forward following the successful conclusions of talks. The aim of the project is to boost trade and transport between the two nations. Construction of the 1.5km bridge link is expected to cost US$24.8 million
    Read More
  • Paying for the roads we drive
    February 6, 2018
    All around the world, vehicle numbers are growing fast and existing roads are seeing increasing congestion. This rapid increase in vehicle ownership is particularly acute in the developing world. Reductions in actual vehicle purchase costs have resulted in an explosion in vehicle numbers using the roads. In the past, governments were able to fund road expansion programmes from their own sources. The most ambitious of these came when the US Government commenced construction of the Interstate system in 1956,
    Read More
  • Kenya highway project financing resolution
    May 17, 2018
    Construction work on Kenya’s vital Mombasa-Nairobi highway upgrade project is now going ahead as planned. A resolution has been achieved that will solve the funding issues that had threatened to delay the project. The project will cost nearly US$3 billion in all and is crucial for the country’s economic development as it will provide a new four lane highway connecting Kenya’s capital, Nairobi, with its largest port at Mombasa. But there were concerns that the funding method based on a series of loans that w
    Read More
  • Myanmar tunnel projects proposed for mountain routes
    February 12, 2018
    Three road tunnels have been proposed as part of a highway project by the Myanmar Government. The tunnels would run through the Wa Ta Lone Mountain, Khauk Nwe Mountain 1 and Khauk New Mountain 2 in the Shan Mountains. The tunnels would form part of the project for the Taunggyi-Loilin road in Shan State. A study into the tunnels will be carried out by the Myanmar Government. Should the project go ahead, the tunnel through Wa Ta Lone Mountain would be built first as it is thought to be the most
    Read More

Highlighted Content