Utility investment seen 25pc up

PUBLISHED : Saturday, 20 June, 1998, 12:00am
UPDATED : Saturday, 20 June, 1998, 12:00am

The mainland's fixed-asset investment in public utilities is expected to rise a year-on-year 25 per cent to 110 billion yuan (about HK$102 billion) this year. The investment is forecast to top 400 billion yuan over the next three years, accounting for more than 5 per cent of total fixed asset investment, Financial News said yesterday.