Beijing Inject 36.2 Billion-yuan for 60 Major Construction Projects in 2002

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Last updated at: (Beijing Time) Thursday, March 07, 2002

Beijing Inject 36.2 Billion-yuan for 60 Major Construction Projects in 2002

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This year will see Beijing make an investment of RMB 36.2 billion-yuan for the construction of 60 key projects with the major part dedicated to the projects of urban transportation and environmental treatment. This is based on the news reported at the "Mobilization Conference for 60 Major Construction Projects" convened on the morning of Mar.5, 2002. They comprise respectively of 12 items for transportation and 15 for environmental treatment and with an investment of RMB 2 billion-yuan to set in motion too the project of the Olympic Park.

The gross investment for the 60 key projects totals a lump-sum of RMB 139.2 billion-yuan, of which the investment this year comes to RMB 36.2 billion-yuan. As to the investment in urban transportation it will see a total inject of over RMB 52.4 billion-yuan in Beijing. The projects in particular include: the urban fast light-rail, Bawangfen/Tongzhou subway, No.5 subway, Deshengmenwai avenue, westward extension for the Lotus Pond Road East, densification of local roads, first phase project of Beijing/Chengde Freeway (Fourth Ring Road to Gaoliying) and the public transportation hinge running from Dongzhimen - Xizhimen - Beijing Zoo as well as the Fifth and Sixth Ring Roads, etc.

As for the environmental treatment, Beijing will invest RMB 20.4 billion-yuan for 15 projects that are detailed as follows: Qinghe Sewage Treatment Plant, Qinghe Sewage Damming Project, Liangshuihe Sewage Damming Project, Wujiacun Sewage Treatment Plant & associated pipeline project, Xiaohongmen Sewage Treatment and associated pipeline project, project for natural gas from Shaanxi, Gansu and Ningxia to enter into urban areas of Beijing, dredging and treatment of Macao River, overall project for the treatment of Zhuan River as well as the project for damming the sewage water of the Wenyu River, etc.

The 12 large and symbolic construction projects include the Olympic Park of an investment of RMB 2 billion-yuan, the new Capital Library with an investment of RMB 1.2 billion-yuan and the Central Business District of Beijing covering a total floor space of 1.18 million square meters as well as the projects launched recently. They are the out-patient building of Beijing Children's Hospital, School Campus of Beijing Changgeng Medical College and the first phase project of Beijing TV Center as well as China Film Museum and so on.

By PD Online Staff Han Rongliang

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