[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

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• 2026.07.07 11:47
• [Dubai Kicks Off Construction of Al Ha'il Highway]
• Dubai officially announces the construction of the Al Ha'il Highway, a 15 kilometer elevated two-way six lane road project that will start in 2027 and be completed by 2030, significantly improving traffic efficiency. The project is included in the $5 billion urban development plan, aimed at improving transportation in the area and consolidating Dubai's position as a hub for Middle East trade and commerce. Editor/Min Jing

• 2026.07.07 11:45
• [Design Bid Winner Confirmed for Sichuan Yanyuan Baiwu Pumped Storage Project]
• The total investment of Baiwu pumped storage in Liangshan Salt Source, Sichuan is 15.661 billion yuan, with an installed capacity of 1.4 million kilowatts and leading design technology for ultra-high head. China Electric Power Construction Chengdu Institute won the survey and design bid with a price of 322 million yuan, with a service period until the end of 2033. The project will help Sichuan power grid peak shaving and new energy consumption. Editor/Min Jing