The reporter recently learned from the Hubei Provincial Department of Transportation that the province's cumulative transportation fixed asset investment in the first quarter was 22.45 billion yuan, accounting for 22.5% of the annual target, which was basically the same as the same period in 2019. Among them, the cumulative investment in fixed assets for waterway transportation in the first quarter was 1.21 billion yuan, accounting for 20.2% of the total annual target, with 970 million yuan invested in port projects and 240 million yuan in waterway projects.
This year, Hubei's expressway and port waterway projects were planned and started early. On January 20, the Xianning section of the Xianning-Jiujiang Expressway started construction, becoming the first expressway to start construction in Hubei. On February 22, the Wuhan Ring Expressway Zhongzhou-Beihu section reconstruction and expansion project started construction, and the Beijing-Hong Kong-Macao Expressway Hubei North Section reconstruction and expansion project was fully promoted, becoming the first batch of expressway reconstruction and expansion projects in Hubei. The two projects have a construction mileage of 188 kilometers and a total investment of 25.7 billion yuan.
It is reported that this year Hubei will ensure that fixed asset investment in roads and waterways exceeds 100 billion yuan, strive to build 132 kilometers of expressways, newly build and renovate 13,000 kilometers of rural roads, and increase port throughput capacity by 10 million tons.
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