China Approves $35,8 billion in Railway Modernization Projects

China has approved a 247 billion yuan ($36 billion) railway plan to improve transport links between the capital Beijing, the port city of Tianjin, and the neighboring province of Hebei, part of plans to integrate the three areas into a mega-city.

China Approves $35,8 billion in Railway Modernization Projects
November 28, 2016 2:59 pm

According to a statement published by the Chinese State Development and Reforms Committee, volume of financing will total 247 billion yuan (about $35,78 billion).

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The plan includes nine projects of railway lines’ construction with the length of 1,100 square meters. It is scheduled to be implemented by 2030. According to the project documentation, railroad stations will be built in the cities with over 100,000 people, through which territory the railroad branches will pass.

The Chinese authorities plan to convert Beijing, Tianjin and Hebei into an enormous social and economic metropolitan area. is a railway information and news platform. Website presents from all around the world railway sector news, developments, projects and tender for the sector specialists. Railwaynews supports to industry events and announced them for potential participants. Railwaynews plans to collecting data from all around the world, about railway infrastructure, rolling stock, railway transportation datum, geographical datum to present for railway professionals for short term. Railwaynews will build new platforms aims to high value railway business environment for all railway specialists, railway fans and especially railway suppliers and their decision makers. Railwaynews presents whole information from rail professionals to rail professionals.

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