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

  • India: Asian Development Bank to support rural road works
    April 28, 2015
    The Asian Development Bank (ADB) said it will provide around US$2 billion for constructing new rural roads in five Indian states, according to The Hindu newspaper. The projects in Assam, Madhya Pradesh, Odisha, Chhattisgarh and West Bengal states, will involve constructing and upgrading 31,000km of rural roads that will improve connectivity to more than 12,500 villages. The move will also provide more employment opportunities in the area, improve school enrolment and provides better remuneration for f
    Read More
  • New expressway for China’s Guangdong Province
    November 4, 2019
    A new expressway is being built in China’s Guangdong Province. The project is being handled by the Chinese firm Zhonghua Construction company. The contract is worth close to US$124 million and should take three years to complete. In all, the expressway will measure nearly 12km in length
    Read More
  • Brazil’s road development programme continues
    June 7, 2016
    Brazil is continuing to work on its road development programme, despite budgetary restraints due to the country’s difficult economic climate. Responsibility for over 10,000km of road that have had minimal maintenance or improvement works over the previous 15 years will now be taken by the Federal Government. An overall lack of funding has combined with disagreements between federal and state authorities as to who should pay for road upgrades, resulting in no work being carried out at all. Meanwhile improv
    Read More
  • New bridge for China’s Hainan Province
    February 23, 2017
    Construction work is now commencing for a major new bridge project in China. The bridge is being built in Hainan Province and will measure close to 5.7km long when complete. It will link the mainland of Hainan Province with Ruyi Islet. The project is being designed primarily to handle road traffic as well as a tram link, while it will also carry utilities including water, gas, electricity and fibre optic cabling. Lead contractor for the project is China Railway 18th Bureau Group's 2nd Engineering Company. T
    Read More

Highlighted Content