Shanghai intends to invest Yn10bn to develop itself as a logistics centre for the Asia-Pacific region, said vice-mayor Zhou Yupeng. The city will build an international logistics base in Waigaoqiao Free Trade Zone, which will combine transport and information platforms. Hu Wei, chairman of the zone's administration committee, said that by 2010, the added value […]
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China Merchant Holdings (International), the Hong Kong-listed port company, plans to invest up to US$38m to set up a logistics hub in the Pearl River delta port of Shekou, South China Morning Post said. The company, which holds a 32.5 per cent stake in Shekou Container Terminals 1, will build a logistics facility that will […]
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Railway projects on track
Progress has been reported on several new railway projects in China. The electric line between Chongqing and Huaihua, Hunan province is currently on fast-track construction and has already used up nearly Yn20bn, one-sixth of its total investment, according to Xinhua. The project is one of the government's 10 major infrastructure projects for western development and […]
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Shenzhen orders metro cars Bombardier
Transportation's joint venture with Changchun Car Co has received an order valued at US$141m to supply 114 cars to Shenzhen Metro. The cars will form 19 six-car trains for use on phase one of the metro system under construction in Shenzhen. The first train will be manufactured at Bombardier's facility in Germany and the remainder […]
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Major bridge planned for Ningbo
Ningbo in Zhejiang province plans to build a 54km bridge across Hangzhou Bay that will shorten road distances to Shanghai and other cities to the north, China Daily said. The sixlane bridge, which will be one of the longest sea-crossing bridges in the world, will cost Yn12bn to build. The coastal city is also planning […]