NewsFlash / Steel / Shanghai's Major Municipal Projects Achieve Steady Progress in Q1 with Plans for Expansion in 2025
Shanghai's Major Municipal Projects Achieve Steady Progress in Q1 with Plans for Expansion in 2025
iconApr 22, 2025 15:26
Source:SMM
In Q1, Shanghai's major municipal projects cumulatively completed an investment of 50.79 billion yuan, with 5 projects commencing construction. In 2025, Shanghai has arranged a total of 186 official major projects, with a planned annual investment of 240 billion yuan. Among them, 14 new projects will start, 21 will be basically completed, and 35 reserve projects are also arranged. According to the Municipal Major Project Office, in Q1, the construction of major municipal projects accelerated steadily, with a cumulative investment of 50.79 billion yuan, achieving a good start. Among them, the second phase of the Hangtou Campus of Longhua Hospital, the expansion project of the Fengxian Campus of Shanghai Urban Construction Vocational College, the second phase of the container terminal renovation project at Luojing Port, the reconstruction and expansion project of Wuqiao Grain Depot, and the Oriental Life Harbor·Baoshan Medicine Valley have commenced construction, and the Shanghai South Link of the Shanghai-Hangzhou Passenger Dedicated Line has been basically completed.

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