China's Guangxi invests RMB 25.1 billion to promote construction of the land-sea trade corridor in January-May
South China's Guangxi Zhuang Autonomous Region invested 25.1 billion yuan in 28 transportation projects under the construction framework of the New International Land-Sea Trade Corridor in western China from January to May this year, accounting for 58.1 percent of the regions' total planned investment in 2021, according to local authorities.
Since Guangxi released a master plan on the construction of the New International Land-Sea Trade Corridor in western China in 2019, a comprehensive transport network including railways and expressways has been built in the region, linking Guangxi with the provinces and regions of Guizhou, Chongqing, Sichuan, Shaanxi, and Gansu, which is a new Land-Sea Trade Corridor with the Association of Southeast Asian Nations (ASEAN).
Since 2019, three major expressways in Guangxi have been upgraded and expanded into wider lanes to facilitate the transport capacity of the expressways in the region.
Guangxi also completed electrification of two sections of railway routes while upgrading a railway route into a dedicated railway line connecting the port in Beihai City.
In addition, Guangxi has been striving to improve its port and waterway transport capacity in 2020. By far, Guangxi Beibu Gulf Port has a total of 272 berths, including 99 10,000-tonne berths, with an annual throughput of more than 300 million tonnes.
Guangxi will continue to promote the construction of major infrastructure projects, and strive to meet the annual investment target of more than 220 billion yuan in transportation infrastructure, according to the local authority in Guangxi.