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Beijing seeks new private investment to expand subway

By Zheng Jinran | China Daily | Updated: 2015-04-10 08:12

Move comes after construction costs soar in past few years

Beijing plans to attract more nongovernment funds to fuel the rapid expansion of the subway network, the company responsible for providing finance and planning new projects has revealed.

Construction costs have almost doubled in the past six years, the Beijing Infrastructure Investment Co said.

Beijing seeks new private investment to expand subway

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