[photopress:logistics_guanxi_1.jpg,full,alignright]The southern Guangxi Zhuang Autonomous Region, a bridgehead between China and the Association of Southeast Asian Nations (ASEAN), will invest about RMB260 billion ($37.1 billion) by 2012 to improve its transport system.
Ma Biao, the region’s chairman, told a transport construction mobilization meeting that at completion Guangxi will have a comprehensive transport network linked to neighboring provinces and ASEAN.
ASEAN represents a growing trade partner for the region. In the first quarter, Guangxi’s trade with ASEAN members hit $1.08 billion, up 130% year-on-year.
Under the final plan, the region will invest RMB115 in rail transport, starting with the construction of 1,450 kilometers of railway.
This year, the region plans to start work on the Nanning-Guangzhou Railway, which will link Guangxi’s capital Nanning to Guangdong’s capital Guangzhou.
[photopress:logistics_guanxi_2.jpg,full,alignleft]Also, the region will begin construction of 1,800 km of expressways. About RMB120 billion will be spent on highway or expressway construction.
The Nanning Wuxu, Guilin and Liuzhou airports will be expanded and a new regional airport will be built in Hechi. The investment for civil aviation facilities will be RMB3.5 billion.
And about RMB23 billion will be used to expand harbors and river ports.
In January, China approved the Guangxi Beibu Bay Economic Zone Development Plan, aiming to promote the development of the southwest and south and increase China’s cooperation with ASEAN. The zone, covering 42,500 sq km, will be developed into a regional logistics, trade and manufacturing base between China and ASEAN.
Source: China View