Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (2001)	12/15/2003 1:31:52 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

ADB approves loan for China's east-west railway project www.chinaview.cn 2003-12-15 19:30:04 MANILA, Dec. 15 (Xinhuanet) -- The Asian Development Bank (ADB) Monday approved a loan of 500 million US dollars for China's east-west railway projects to relieve the country's serious bottleneck in the rail network. The project will include a 377-km of electrified single-track railway between Yichang in Hubei Province and Wanzhou in ChongqingMunicipality, power facilities freight yards, signaling and communications, maintenance and container handling equipment, and train control systems, the Manila-based ADB said in a statement. Some 24 new stations will be opened along the route and two existing ones expanded. The railway will shorten various routes across the north-south and east-west axes of the country, providing the fastest land link between Shanghai on the east coastand Chengdu and Chongqing, key growth areas in the west. "In line with the Government's western development strategy, the project will provide a less costly, more reliable and safe transport between major economic centers, promoting economic development in the isolated project areas along the way," said Hiromi Sakurai, an ADB Financial Specialist. news.xinhuanet.com