A total of 299 new projects of expressways and national and provincial highways were kicked off in China in the first nine months of the year, with a length of 9,645 km, according to the Ministry of Transport (MOT). This was reported by The Xinhua News Agency.
"The total investment of these projects hit ¥882.6 bln yuan (about $123 bln)", – Gu Zhifeng, an MOT official, told.
In September alone, 34 new major road projects were initiated, Gu said, adding that their total investment reached ¥385.3 bln, skyrocketing about 277% from a month ago.
Gu stated that the ministry would continue to intensify efforts on expanding effective investment and accelerating the implementation of a slew of major road projects to better leverage the role of key projects in stabilizing economic operations.
According to the MOT, a total of 16,721 charging points have been built in China's 3,974 expressway service areas as the country has accelerated the construction of battery charging facilities along the roads.
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