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Business and finance

31 Oct 01

China plans new expressway to Vietnam border

The Asian Development Bank has approved a loan of US$150 million to partly finance a new expressway and road upgrading project in the Guangzi Zhuang region of China. The project involves a 136km tollway from Nanning in Wuxu to Ninming, a 43km highway from Ninming to Youyiguan at the Vietnam border, and 49km of connecting roads. Civil works include bridges, toll stations, tunnels and service areas. Completion of the project is due for 2005 at a total cost of US$455 million.

#Finance
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