[Shandong Jinan Industrial North Road East Extension Road starts bidding]On December 1, 2022, Jinan Public Resources Trading Center released the announcement on the pre qualification of social capital procurement of the PPP Project for the Road Construction Project from East Yanguodian Flyover to Dazheng Road of Jinan Industrial North Road Expressway. The project belongs to the municipal industry, and the tenderee is Jinan Urban and Rural Transportation Bureau. The total investment of the project is 10.848 billion yuan. Editor/Zhao E
Tashkent, the capital of Uzbekistan, is promoting transportation upgrades, with a total investment of about 1 billion US dollars and a 100 kilometer double decker toll ring road entering the planning stage. A memorandum of cooperation has been signed with China Railway Construction Corporation and China Hunan Overseas, covering projects such as tunnels, overpasses, BRT corridors, and road renovations. In addition, China Construction plans to invest 500 million US dollars in the construction of supporting road networks. The relevant agreements are not yet final contracts, and multiple Chinese enterprises continue to expand their presence in the local infrastructure market.Editor/Gong Ziwei
Recently, the 2026 International Low Altitude Economy Expo opened in Shanghai, showcasing 570 aircraft. The low altitude economy is accelerating into the commercialization stage, with multiple aircraft appearing, significantly reducing flight operating costs. Enterprises are collaborating on logistics operations and emergency rescue to expand real-life applications. The exhibition supporting seminar released relevant action proposals, and China actively participated in the construction of global standards for low altitude economy, exploring scalable industry development plans in China.Editor/Gong Ziwei