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

To: RealMuLan who wrote (4422)	2/19/2005 9:50:22 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

China to build first undersea tunnel: [World News]: Beijing, Feb 18 : China will invest over 390 million US dollars to build the mainland's first undersea tunnel in Xiamen, a booming city in east China's Fujian Province. A feasibility report of the tunnel, called the East Passage Project, has been approved by the State Development and Reform Commission this month, the local government said today. The tunnel will connect the island of Xiamen and the neighbouring mainland. It will be about nine km long and 70 meters underwater, and will cost 391.5 million US dollars, the government said. The tunnel, which will be completed by 2010, will have six lanes and a top speed of 80 km per hour. Each ends will connect to an expressway, Xinhua news agency reported, adding that construction is expected to commence this May. The tunnel project will be the third passage linking the island of Xiamen with the mainland, joining Xiamen Bridge and Haicang Bridge. Upon completion, the tunnel is expected to divert about 30 per cent of the traffic flow from the two bridges. The feasibility study was approved in April by experts who checked the bridge and tunnel construction, geology, oceanology, hydrology and economics. The experts said construction of a tunnel is the best choice, as it will protect the environment and resources. PTI newkerala.com