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China to construct 10 projects in western regions
- China Aluminium Network
- Post Time: 2008/6/24
- Click Amount: 649
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National Development and Reform Commission announced that China plans to build 10 projects in the western region this year with a combined investment of CNY 436 billion.
According to the report these projects comprise rail projects to link Guiyang and Guangzhou, Lanzhou and Chongqing, Kashgar and Hotan in Xinjiang besides highways between Wanyuan and Dazhou in Sichuan Province, Shuikou and Duyun in Guizhou Province. In addition, there will be expansions of airports in Chengdu, Chongqing and Xi'an and building of hydropower stations, coal mines, gas and oil transmission pipe lines as well as public utility projects in western regions.
The western region which covers 71.4% of mainland China has emerged as one of the fastest growing markets in the country. The region has received USD1.393 billion foreign investment in the first two months of this year, more than twice in the same period last year.
Source: steelguru
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