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BIZCHINA / Center |
ADB to loan US$200m to build Sichuan roadBy Hao Zhou (chinadaily.com.cn)
Updated: 2007-07-20 11:38 Asian Development Bank (ADB) recently announced it will offer US$200 million in loans for road construction in the eastern, poor areas of Sichuan Province. The development project, which will connect Chongqing and Xi'an with convenient roads, includes a budget total of more than US$1.4 billion. According to the plan, a new 143 meter long toll highway with four lanes will cross the highlands, and 430 kilometers of existing poor country roads will be rebuilt. |
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