China approves $20b urban rail plans

Dhaka,  Monday,   2016-10-13
Published : 13 Oct 2016, 15:06:53

China approves around $20 billion in urban rail projects

China's state planner has approved urban rail plans costing 133.9 billion yuan ($20.08 billion) in the cities of Urumqi and Xiamen, according to statements published on the National Development and Reform Commission website.

The projects were a 33.8 billion yuan plan for 41.8 kilometres (26 miles) of subway lines in the northwestern city of Urumqi, as well as a 100.1 billion yuan scheme for 224 kilometres of lines in the coastal city of Xiamen.

- TM
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