Post-quake infrastructure revamp to cost $24b
(Xinhua)
Updated: 2008-11-07 22:34
Updated: 2008-11-07 22:34
BEIJING -- China's top economic planner said Friday the investment in post-quake infrastructure reconstruction was estimated at 167 billion yuan (23.9 billion US dollars).
The National Development and Reform Commission (NDRC) said in a special post-quake infrastructure reconstruction plan the money would go to a variety of sectors including transport, telecommunications, energy and water resources to aid the reconstruction in Sichuan, Gansu and Shaanxi provinces.
The area was hit by a massive quake in May.
The plan was worked out jointly by the NDRC, the ministries of transport, railways, industry and information technology, and water resources and the National Energy Administration.
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