Construction Begins on China’s US$10bn Pinglu Canal

Construction of the Pinglu Canal, one of the major projects of China’s new western land-sea corridor, began last month in Qinzhou, Guangxi Zhuang autonomous region.

According to China Daily, the project will cost 72.73 billion yuan or US$10.5 billion and will take 4.5 years to complete.

The canal is 135km connecting Xijin Reservoir in Hengzhou to Luwu town in Lingshan county, where ships will be able to reach the Beibu Gulf via the Qinjiang River.

The purpose of the canal is for shipping, water supplies, irrigation, flood protection, and aquatic ecosystem improvement.

With adequate depth, the canal will allow a ship to carry 5,000 tons of cargo. This will relieve transportation pressure and the risks of traveling through the Yangtze and Pearl rivers.

The canal will also shorten the journey along the gulf in southwestern China by around 560km and help save over 5.2 billion yuan in transportation costs annually.

- Video Advertisement -

Related Post

BYD to Establish Vehicle Assembly Plant in Sihanoukville Economic Zone

In a significant boost to Cambodia’s automotive industry, BYD, China’s leading electric car manufacturer, has announced plans to establish a vehicle assembly plant within the Sihanoukville Special Economic Zone. The project, which involves an investment of USD 32 million, is expected to create over 200 jobs and contribute to the local economy. The assembly plant […]

Cambodia Welcomes 12 New Investment Proposals Worth USD 135 Million

In a promising development for the nation’s economy, Cambodia received 12 new investment proposals in early February, collectively valued at USD 135 million. These proposals were submitted to the Cambodia Investment Committee, part of the Council for the Development of Cambodia, and will be examined at the upcoming second “Single Gateway Meeting” in 2025. The […]

As of 2024, Phnom Penh has 1877 high-rise buildings with 5 floors or more

As of 2024, Phnom Penh has a total of 453 apartment buildings and 1,877 high-rise buildings with five or more floors. This information was presented by His Excellency Keut Chhe, Deputy Governor of Phnom Penh, on February 1, 2023. Phnom Penh, the largest capital city of Cambodia, is currently experiencing rapid urbanization and industrial growth. […]

Indonesia is set to invest nearly USD 3 billion to complete the second phase of its new capital development

The Indonesian government will allocate an additional 48.8 trillion IDR (approximately USD 2.99 billion) to continue its new capital (IKN) development during the second phase, which spans from 2025 to 2029. Vietnam Plus reported this information on January 23, 2025. In the first phase (from 2022 to 2024), the Indonesian government has already invested 89 […]

Techo International Airport Nears Completion: A New Gateway to Cambodia

In an exciting development for Cambodia’s aviation sector, the Techo International Airport construction project is now over 94% complete, with the total investment reaching nearly USD 1.4 billion. This ambitious project promises to transform the country’s skyways and enhance domestic and international travel connectivity. As of late December 2024, critical infrastructure components, including the Passenger […]

Chinese Company Pledges to Complete Mondulkiri Wind Power Station by 2026

In a significant commitment to renewable energy in Cambodia, HK OASIS Power Energy Development Co., Ltd. has vowed to complete the construction of a 150-megawatt wind power station in Mondulkiri province by 2026. This pledge was made by Mr. Wang Junwei, the company’s representative, during a meeting with HE Chea Vuthy, Secretary General of the […]