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WB to Fund Highway Projects in Guiyang
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The World Bank will provide a loan of US$100 million for rural highway projects in Guiyang city, capital of southwest China's Guizhou Province, in the coming five years.

 

The funds will be used to build 500 of the 940 kilometers of highways Guiyang city has planned to build in rural areas in the five years to come, local government said.

 

The world bank loans will also be used to build an urban expressway and 10 passenger and cargo transportation stations in the city's rural areas.

 

The city government will provide a supporting fund of 800 million yuan to build the remain highway projects.

 

(Xinhua News Agency January 10, 2006)

 

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