The department of road transportation of China’s Chongqing city has announced that Chongqing is currently investing RMB 18.5 billion ($2.6 billion) in upgrading 2,000 km of roads, covering 34 districts and counties and including 177 projects in total.
Since 2018, Chongqing has implemented a three-year action plan for urban traffic improvement, aiming to upgrade 10,000 km roads. So far, Chongqing has upgraded 6,196 km of roads. Following the completion of the current upgrading of 2,000 km of roads, Chongqing will implement another round of upgrading of a further 2,000 km of roads, which will continue to boost demand for steel in the local construction sector.