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Thursday, February 22, 2001, updated at 21:15(GMT+8)
Business  

Central China Province to Pour Investment in Highway Construction

Hunan Province in central China will spend 50 billion yuan (about US$6.02 billion) to build and upgrade highways in the tenth five-year-plan period (2001-2005).

Information from a provincial meeting of directors of communications said the spending is 21.6 billion yuan (some US$2.6 billion) more than that of the ninth five-year-plan period (1996-2000).

Major projects to be completed in the next five years include the section of Beijing-Zhuhai national highway in Hunan, Changde-Zhangjiajie expressway and Changde-Jishou expressway on Changsha- Chongqing thoroughfare.

During the same period, the province will also upgrade 2,765 kilometers of existing highways, said the sources.

This year alone, 10 billion yuan (about US$1.21 billion) of investment will be spent on highway construction and the province will get 800 kilometers of additional highway including 135 kilometers of expressway.

Hunan Province now only has 449 kilometers of expressway.







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Hunan Province in central China will spend 50 billion yuan (about US$6.02 billion) to build and upgrade highways in the tenth five-year-plan period (2001-2005).

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