Construction starts on 104 transportation projects in Hebei on March 2

Friday, 04 March 2022 11:24:01 (GMT+3)   |   Shanghai

Construction work commenced on 104 transportation projects in China’s Hebei Province on March 2, with an overall investment of RMB 234.9 billion ($37.3 billion), while the total investment in 2022 will reach RMB 49.7 billion ($7.9 billion). The start of construction of the transportation projects signals the resumption of construction in Hebei Province this year.

In 2022, the Department of Transportation in Hebei Provincial will allocate RMB 100 million ($15.9 million) to the major cities in the province for project construction work, which can be used in the construction of road projects.

EuniceOuyang
Eunice Ouyang
Editor

I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.


Similar articles

Investment in rebuilding villages in Chinese megacities to exceed RMB 1.0 trillion in 2023

26 Jul | Steel News

Jiangsu Province to complete infrastructure investments worth RMB 200 billion in 2023

11 Jan | Steel News

China continues to accelerate infrastructure construction

20 Sep | Steel News

Renovation started on 55,600 old neighborhoods in China in 2021

26 Jan | Steel News

Hubei sets up railway development fund of RMB 100 billion

29 Nov | Steel News

China’s real estate sector growth slow visibly in Jan-Sept

19 Oct | Steel News

China’s real estate investment growth slows in Jan-Aug, new construction down 3.2%

16 Sep | Steel News

China’s new construction shifts to decline in January-July

17 Aug | Steel News

China’s real estate investments rise by 18.3 percent in Jan-May

18 Jun | Steel News

China’s real estate sales increase by 2.6% in 2020, investments up 7%

19 Jan | Steel News