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Construction work on the $1,649m Xiangyang Inner Ring Road Reconstruction Project: Phase II located in Xiangyang, Hubei, China commenced in Q2 2022. It was announced in Q1 2020.

The project involves the construction of a 30km inner ring road in Beijing, China.

The project includes the following:

1. Construction of roads
2. Construction of flyovers
3. Construction of interchanges
4. Construction of underpasses and pavements
5. Installation of signals and lighting systems

Construction on the project is expected to be completed by Q4 2024.

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By GlobalData