Chinese investment

China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin.
Asphalt Paving, Compaction & Testing / February 6, 2012
China's Ministry for Transport reveals that it beat its target for upgrading rural roads during 2009. Some 381,000km of rural roads were improved, beating the target of 300,000km by a considerable margin. In all China now has 3,400,000km of rural roads connecting 99.4% of the country's towns and villages, an important factor in meeting economic development plans.

China's Shaanxi province is planning a huge infrastructure investment worth a total of US$888 billion during 2010. Included are plans to improve and build new roads of 10,000km in rural areas and targets to complete parts or all of the 16 roads before the end of 2010. Work on highways measuring a total length of 1,000km will commence during this year. The Shaanxi Provincial Communication Construction Group aims to invest $2.545 billion on highway projects during 2010. Work on the Shanyang-Zhashui and the Dingbian-Wuqi highways in Shaanxi is due for completion by the end of 2010 and is expected to cost $29.28 million. Upgrading the Yan'an and Huangling highway will cost $29.29 million in 2010. Also, $58.58 million is being spent on building the Chaokoupu-Luonan highway, while $307.57 million will be invested in the Fugu-Shenmu highway, $439.4 million for the Suide-Yulin highway, $754.3 million for the Shaanxi-Shanghai stretch of the Shangzhou-Xi'an highway and $927 million for the Qinglan highway

Shandong province will invest US$6.78 billion on transportation in 2010, an increase of 20.1% over the sums spent in 2009. The province will spend a significant proportion on this budget on building 3,000km of new roads to bring its total network to 229,000km by the end of 2010. The projects in hand are expected to include 10 new highway construction deals during 2010.

2334 Hopewell Highway Infrastructure (HHI) is to invest an impressive US$ 1.55 billion in expressway projects and other building construction works in Hong Kong and China's Guangdong Province over the next six years. Some $202 million will be spent on building phase two and three of the Western Delta Route. This will be a tolled expressway in China's Pearl River Delta.

Meanwhile China's Jiangsu province plans to complete the upgrading of 1,600 unsafe bridges and improve 4,000km of rural roads. And some $17.57 billion will be invested by China in upgrading the transport network of the Guangxi Zhuang Autonomous Region during 2010. A considerable portion will be used to build 5,696km of rural roads, while works on 17 highways covering 1,927km will be continued and the building on 11 new highways spanning a total 1,318km will commence in 2010. And in the Ningxia Hui Autonomous Region, plans are in hand for the Guyaozi-Qingtongxia expressway project. This is expected to cost some $572.5 million, with the local authorities, bank loans and central government providing some of the funding and a finance package worth $250 million being provided by The World Bank.
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