Source - The Nation Website (Eng)
July 5, 2006

Agence France-Presse
BEIJING

China’s Planning Agency announced over the weekend that abount 165 billion yuan(Bt786 billion)would be ploughed into 12 major projects in the nation’s western regions in the coming five years.

The investment is aimed at invigorating the nation’ simpoverished inland regions and includes railway lines,highways,small airports,industrial plants and hydroelectric projects,the National Development and Reform Commission said in a report seen yesterday on its website.

Construction on all the projects has already begun,the commission said,including two hydroelectric dams on the Lancang riveer,also known as the Mekong river,after it flows into the Southeast Asian countries of Burma,Laos, Thailand,Cambodia and Vietnam.
“The 12 peojects conform with the rational control of the nation’s overall investment scale and the spirit of strengthening macroeconomic controls,”the commission said.
They also conform”to the need to develop a breakthrough in infrastructure construction in the western regions by 2010”.

Also included in the new projects is a railway linking the capitals of Shanxi province and the Ningxia Hui autonomous region,as well as two major coal mines in Inner Mongolia and Ningxia provinces,the commission said.

During the period from 2000-2005,China invested 1 trillion yuan in 70 major projects in its western regions,it said.

Source: The Nation

 

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