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China to spend $42bn on transport, energy and water - Global Construction Review
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China to spend $42bn on transport, energy and water - Global Construction Review
China’s government said on 31 December December 31st that it will spend $42bn on transportation, water and energy projects in its latest five-year plan. The money will go towards building a new airport in Guangzhou and a cross-sea ferry between Zhanjiang in mainland China and Haikou (pictured) in Hainan. Funding will be spent on water conservancy projects, such as the Nanguaping Reservoir project in Lijiang, Yunnan Province and water resources…
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