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’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Turkey’s latest landmark bridge securing funding
    March 23, 2018
    Turkey’s programme of bridge and highway building looks set to continue with a funding package for the 1915 Canakkale Bridge and Highway project being found. The bridge will span the Dardanelles Straits and the funding package is worth US$2.83 billion. The financing will come in the shape of a loan has been secured by a group of 24 banks and institutions from 10 countries in all. The loan calls for a 15 year repayment period. The bridge will be a constructed by a consortium, Canakkale Otoyol.
    Read More
  • Nepal tunnel project now gathering speed
    August 20, 2018
    After a series of delays a key project to construct a new tunnel connection in Nepal is now moving forward. The country’s Department of Roads is inviting bids for the Ngdhunga Tunnel project, which comes with an estimated pricetag of US$182 million. Around 75% of the necessary funding is being supplied by the Japan International Cooperation Agency (JICA) in the shape of a loan with a 40-year repayment period. The project for the Ngdhunga Tunnel involves building a 2.45km tunnel section between Basnetchhap a
    Read More
  • Russian road development programme
    October 20, 2020
    Russia’s road development programme is being planned
    Read More

Highlighted Content