China plans railway link to Asean countries
Originally published on www.businesstraveller.asia 21/01/2011 - Filed under: News »
Chinese authorities plan to build high-speed railway links from China to Singapore via Vietnam, which is aimed at enhancing trade relations between the country and the 10-member Asean nations.
Construction is set to begin in the second half of 2011 in Guangxi Zhuang, an autonomous region in southeast China. It will link the region’s capital – Nanning – with Pingxiang, a city near the China-Vietnam border. From there, the tracks will continue onwards to Singapore via Vietnam.
“We will invest RMB15.6 billion (US$3.05 billion) to build the railway linking Nanning and Singapore via Vietnam. This is extremely important for the Nanning-Singapore economic corridor,” Long Li, director of Guangxi Zhuang’s transportation department, told local media.
This project is part of China’s 12th Five-Year plan and is designed to enhance trade between the Asean countries and China following the implementation of the free trade agreement between the mainland the regional Asian bloc last year.
Alisha Haridasani
Read more about...
Bookmark with:
ADD A COMMENT »
Four hours in Buenos Aires 27/05/2012
Liat Clark finds exquisite graves, smart boutiques and vintage wines in the Argentine city — full story »
Access all areas 26/05/2012
From VIP privileges to travel arrangements, Jenny Southan discovers how concierge companies can enhance your personal and professional life — full story »
Win flights and hotel stays with Business Traveller 26/05/2012
There's just a few days left to enter this month's great competitions, with prizes including a four-night stay at the Regal Airport Hotel Hong Kong, flights to Edinburgh with Cityjet, and a stay at Aloft London Excel — full story »
