Two Chinese Provinces have announced major infrastructure investment plans

Two of China’s provinces, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Shanxi Province has plans to invest US$3.44 billion in road construction projects during 2014. Seven new highway projects with a total length exceeding 375km will commence in the year. At the same time, 13 projects totalling 842.6km will be completed and open for traffic. Meanwhile in Sichuan Province, some US$11.56 billion will be spent on road projects during 2014. Rural roads measuring 15,000km will
February 26, 2014 Read time: 1 min
Two of China’s provinces, Shanxi and Sichuan, have announced plans to invest in infrastructure expansion. Shanxi Province has plans to invest US$3.44 billion in road construction projects during 2014. Seven new highway projects with a total length exceeding 375km will commence in the year. At the same time, 13 projects totalling 842.6km will be completed and open for traffic. Meanwhile in Sichuan Province, some US$11.56 billion will be spent on road projects during 2014. Rural roads measuring 15,000km will be completed under the plans, while 1,700 km of national and provincial main roads are to be upgraded.
Finance & Funding Road Structures

Related Content

  • Germany is developing infrastructure plans
    March 21, 2016
    The German Government's new transport investment strategy will see increased spending until 2030. The Ministry for Transport says that the emphasis will be on renovating existing infrastructure, instead of building new projects. Around 70% of investment will be for renovation and improvement projects, compared to 56% in the previous transport strategy. The plan is worth a total of €264.5 billion, an increase of €91 billion over the previous plan, with 49.4% targeted at road projects, 41.3% for rail and 9.3%
    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
  • Key Chinese highway projects are planned
    July 12, 2012
    A series of key road and highway projects will boost China’s network. A series of rural roads will be constructed in Tibet autonomous region, with the investment totalling some US$1.9 billion. The plan is to build a total of 24,157km of rural roads and the investment will be made from 2012-2013. Meanwhile work is also commencing on a new highway in Fujian Province. The 74km southeast section of the Fuzhou Raocheng highway is expected to cost $1.98 billion to construct. An agreement over the project has been
    Read More
  • China’s Hunan Province developing transport infrastructure
    March 24, 2017
    China’s Hunan Province is developing its transport infrastructure with a series of major projects now being planned. Over US$4.06 billion will be spent on constructing nine highways in the province and these new routes will measure a total of 535km. The projects being planned include the 32km Guiyang-Pengtang highway, a 121km route from Anxiang-Chili, a 56km highway from Jingzhou-Liping, a 20km section from Jiangbei-Ganshan, a 42.5km road from Ningxiang-Shaoshan, a 6.5km link from Chenglingji and an 83.5km
    Read More

Highlighted Content