Airport investment in China
The Civil Aviation Administration of China (CAAC) has said a total of RMB450 billion ($65.88 billion) will be spent on at least 60 airport projects, which will start in the next two years.
According to a CAAC press release at least 40 of the projects will start next year and incur an expenditure of RMB200 billion.
Existing airports in Shanghai Pudong, Guangzhou, Chengdu and Nanjing
will be expanded, and new ones will be built in many inland cities,
including Yan’an in Shaanxi province and Daocheng in Sichuan province.
More HERE.
Source: China Daily
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