China to Invest Billions in Infrastructure
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blast_investor Sat Nov 25, 2006 5:19 pm    

China to Invest Billions in Infrastructure 
China to Invest Billions in Infrastructure
By Benjamin Robertson
Beijing
25 November 2006

China plans to spend hundreds of billions of dollars to upgrade its infrastructure, as the country struggles to alleviate traffic congestion and other effects of the years of explosive economic expansion. Benjamin Robertson reports from Beijing.

China's plan to improve its infrastructure is one of the most ambitious in modern history. The government says it plans to spend $440 billion on the project during the next 30 years, constructing thousands of kilometers of highways and railway lines.

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http://www.voanews.com/english/2006-11-25-voa16.cfm
 
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