10 billion yuan investment in road infrastructure detailed

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Source: CCTV.com | 11-20-2008 09:12

China's Ministry of Transport has set the terms for how its 10-billion-yuan investment in road infrastructure will be spent. The investment will be mainly used in two areas highway construction and the development of rural roads.

5 billion yuan will go to the national highway network.

5 billion yuan will go to the national highway network. And more than half of this amount will go to highways in the west of China.

11 provinces in western China will get 2.8 billion yuan, while 7 central provinces will get 1.4 billion yuan, and the remaining 0.8 billion yuan will go to 7 other provinces in the east.

He Jianzhong, spokesman of Ministry of Transport, said, "As for the allocation of the funds, we have put emphasis on the central and western areas of the country. This is because the new highways there will need lots of bridges and tunnels. It will create great demand for steel and cement."