[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
In May 2026, China Harbour won the bid for the dredging phase I project of Aktau Port in Kazakhstan. The port is a core hub of the Trans Caspian International Transport Corridor, and the project will dredge the harbor basin to ensure the passage of large ships.Editor/Gao Xue
On May 6, 2026, COSCO Shipping announced the opening of a regular direct route to Libya in Benghazi, with a frequency of once every two weeks. It only takes 25 days from Guangzhou to Benghazi to transport Chinese engineering machinery and other goods.Editor/Gao Xue