FAI in China’s roads and waterways to reach RMB 1.8 trillion in 2019

Friday, 01 March 2019 10:37:34 (GMT+3)   |   Shanghai
       

Li Xiaopeng, China’s minister of transport, has stated that in 2019 fixed asset investment (FAI) in roads and waterways in China will amount to RMB 1.8 trillion ($0.27 trillion), with 200,000 km of rural roads being rebuilt, 400 km of high-grade inland waterways being built, 5,000 villages being reached via passenger buses, and railway freight volumes to be increased by 350 million mt in the given year.


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