The Asian Development Bank (ADB) has approved a loan of US$124mn for the Shanxi Road Development II Project in
Funds will finance an integrated road system in Shanxi to promote the economic development of the province.
The project will have five components: a 65km four lane toll expressway from Houma to Yumenkou; a 4.5km long bridge over the Yellow River to connect Shanxi with Shaanxi as part of the 3,600km Taiyuan-Xi”an Corridor; improvements on over 70km of existing roads including the reconstruction of two bridges across the Fenhe and Fenxi rivers; equipment for road maintenance, toll collection, road safety and administration, land acquisition and resettlement; and a study to monitor the socio-economic impact of the new road network.
Construction will begin shortly with completion scheduled for January 2007.
