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BIZCHINA> Top Biz News
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China to spend 1.2b yuan on logistics hub for Tibet railway
(Xinhua)
Updated: 2008-04-10 10:18 China's government will spend 1.2 billion yuan ($160 million) this year on a logistics center for the Qinghai-Tibet railway, project officials said on Wednesday.
Song Jinlun, vice general engineer of the project, said that about 26 culverts, 27.54 km of rail lines and 7.94 million cubic meters of earthworks will be built for the center, which is near the Naqu railway station. Upon completion next year, the center will have facilities for product processing, storage and distribution. The 1,956-km Qinghai-Tibet line, running from Xi'ning, the capital of northwest Qinghai Province, to Lhasa, started operation in July 2006, bringing Tibet its first rail service. (For more biz stories, please visit Industries)
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