Henan Province in China is planning major road investments

Huge highway investment plans have been established by the authorities in China’s Henan Province. The planned spending on highway construction in Henan during 2012 is some US$4.41 billion in all, which will see the highway network reaching a total of 6,000km. The authorities in the province have set a total transportation budget of some $7.27 billion for 2012. Meanwhile, a financing deal for highway upgrades and construction has been signed by Henan Province Toll Loan Highway Management and China Development Bank (CDB).