Related News
Transport loans agreed
Source: Xinhua |
April 18, 2009, Saturday
|
Print Edition
Print Edition
THE World Bank said yesterday that it had approved loans totaling US$450 million to finance road and rail projects in central and western China.
The bank's office in China said US$300 million would help finance an 857-kilometer electrified rail line linking Guiyang, capital of southwest China's Guizhou Province, with Guangzhou, capital of Guangdong Province.
The project, costing US$12.5 billion, would provide a direct link between some of China's poorest areas and the more developed Pearl River Delta region.
Passenger trains would be able to run at 200km per hour, cutting the travel time from 24 hours to just five.
The new line would also enable freight trains to run at 120km per hour, improving cargo movements between the Pearl River Delta and southwest China, including other western provinces such as Sichuan and Yunnan.
The remaining US$150 million would go to a highway project in central Hubei Province to connect the cities of Yichang and Badong.
About half of the bank's investment in China has gone to transport projects.
The bank's office in China said US$300 million would help finance an 857-kilometer electrified rail line linking Guiyang, capital of southwest China's Guizhou Province, with Guangzhou, capital of Guangdong Province.
The project, costing US$12.5 billion, would provide a direct link between some of China's poorest areas and the more developed Pearl River Delta region.
Passenger trains would be able to run at 200km per hour, cutting the travel time from 24 hours to just five.
The new line would also enable freight trains to run at 120km per hour, improving cargo movements between the Pearl River Delta and southwest China, including other western provinces such as Sichuan and Yunnan.
The remaining US$150 million would go to a highway project in central Hubei Province to connect the cities of Yichang and Badong.
About half of the bank's investment in China has gone to transport projects.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
