[Transportation fixed asset investment reached 729 billion in the first 4 months]The Ministry of Transport released the relevant data of the transportation industry in the first 4 months. Data show that in the first four months, the investment in fixed assets of highway and waterway transportation in my country was 729.5 billion yuan, a year-on-year increase of 7.3%, of which road investment was 686.4 billion yuan, a year-on-year increase of 7.7%. Editor / Xu Shengpeng
Recently, the expansion and renovation project of the railway on the north bank of Qianwan Port Area in Qingdao Port, Shandong Province has officially started. This project is an important part of the container series upgrading and renovation project on the north bank of Qianwan Port Area in Qingdao Port. It will build 4 new arrival and departure lines, bringing the total number of arrival and departure lines to 18 after completion. It will also construct and renovate 5 bulk cargo loading and unloading lines and 21 container loading and unloading lines. The project reshapes the railway loading and unloading operation area from multiple aspects, creating an intensive, intelligent, and integrated collection and distribution system to reduce time and cost. Pioneering two new models, the capacity for dry bulk cargo and container loading and unloading will be significantly improved after completion. The number of container loading and unloading lines, collection and distribution, and sea rail intermodal transportation capacity of the North Shore Railway will rank among the top in the country. Editor/Cheng Liting
The People's Committee of Hejing Province has approved the investment policy and investors for the 500 kV transmission line project from Cha Lo in Laos to Hejing. The total investment of this project exceeds 2.3 trillion Vietnamese dong (approximately 88 million US dollars), and it will construct approximately 45 kilometers of dual circuit 500 kV transmission lines, expand two bays within the Haijing 500 kV substation, and require 20 hectares of permanent land, 15 hectares of temporary land, and 162 hectares of safe passage. The project will run for 50 years and be implemented in two phases. The first phase will be from the fourth quarter of 2025 to the third quarter of 2026, and the second phase will be fully operational in the third quarter of 2027. It can enhance the national power transmission capacity, alleviate the power shortage in the north, and promote energy cooperation between Vietnam and Laos. Editor/Cheng Liting