USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Macro

Xinjiang to invest $70 billion in infrastructure in 2018

Xinhua | Updated: 2018-01-07 14:35

URUMQI - Northwest China's Xinjiang Uygur autonomous region will allocate at least 450 billion yuan ($70 billion) for infrastructure construction this year, its planning body said.

The investment will flow to major infrastructure projects including expansion of the Urumqi airport and construction of the region's highway and railway systems.

It will also be poured into construction of the water conservation and management infrastructure and extending the region's power transmission lines.

In 2017, Xinjiang also invested about 450 billion yuan for infrastructure construction, an increase of 50 percent year-on-year.

Top
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US