Projects to raise standards

PUBLISHED : Thursday, 13 June, 1996, 12:00am
UPDATED : Thursday, 13 June, 1996, 12:00am

Regional authorities plan infrastructure projects in poorer areas to boost the economies and the standard of living.

Officials in the western provinces aimed to improve transport systems and exploit energy resources, Xinhua (the New China News Agency) said yesterday.

The projects should boost local government economies and officials predicted an inflow of foreign investment when work started.

In Bose prefecture, Guangxi province, a new rail link to the provincial capital Nanning had transported up to 700,000 tonnes of export and import goods since being completed in April.

'Construction of transport and telecommunications facilities have shortened our distance to the outside world, and attracted groups of overseas business people,' the prefecture's commissioner, Li Ke, said.

Last year, the area saw a 32 per cent increase in foreign investment and set up 64 overseas-funded enterprises.

Goods worth US$15 million (HK$115.9 million) were exported.

The agency also praised 40 infrastructure projects approved by the State Planning Commission.

After spending huge sums in other areas, the focus was now on the western provinces.


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Projects to raise standards

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