China approves USD 21 billion metro projects

Beijing metroChina’s National Development and Reform Commission has approved two metro system projects worth 129.8 billion yuan (USD 20.91 billion), according to documents published, reports.
The National Development and Reform Commission said on its website that it approved the third construction phase of a metro system in Wuhan, capital of central Hubei province, which it estimated to cost 114.9 billion yuan (USD 18.8 billion).
It also gave the go-ahead to a revised 14.86 billion yuan (USD 2.43 billion) plan for a urban rail system in Changchun, capital of northeastern Jilin province. Both schemes were approved earlier this month, the NDRC’s statements showed.

Share on: