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Guangxi Regional Road Network Improvement Program
Details
Location:China
Category:Unspecified/other
Status:Approval
Sectors:Roads & Bridges, Civil Engineering, Transport
Contracting authority: Guangxi Beitou Road Construction and Investment Group Co. Ltd
Associated tenders • 1
Description
Project Name: Guangxi Regional Road Network Improvement ProgramCountry: The People’s Republic of ChinaSector: TransportConcept Approval: Date 8 November 2021Total Project Cost: USD 880 million equivalent approx.Proposed Loan Amount: USD 500 million equiva
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tender Background
About the Funding Agency
The New Development Bank (NDB) is an international development finance institution that was established to aid infrastructure and sustainable development initiatives and assist emerging economies to achieve faster growth through innovation and cutting-edge technology.
The Bank offers technical support to projects and participates in information, cultural and people exchanges to help achieve environmental and social sustainability. NDB has been involved in projects that support clean energy, environmental efficiency, urban development, digital infrastructure, and water sanitation and is also involved in the development of the social infrastructure and offering COVID-19 assistance.
About the Sectors
Roads & Bridges
Comprises initiatives that develop and maintain road transport infrastructure to improve connectivity, safety, and mobility for people and goods.
Key areas:
- Road and highway construction and rehabilitation
- Bridge, overpass, and tunnel engineering works
- Trails and related transport corridors
- Runway-related works within transport infrastructure
Civil Engineering
Encompasses the planning, design, construction, and maintenance of the physical and naturally built environment and public works within the built environment.
Key areas:
- Designing and constructing resilient infrastructure
- Rehabilitating and maintaining the existing built environment
- Upkeep and modernization of transportation and public infrastructure
Locations
China
China has implemented one of the world’s largest infrastructure investment programmes, encompassing high-speed rail, ports, airports, energy systems and digital networks. Infrastructure expansion has underpinned rapid urbanisation, industrial growth and global trade integration. State-directed financing and policy coordination have enabled large-scale project delivery domestically and internationally. Managing debt sustainability, demographic change and the energy transition defines the next phase of development.
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