Tools: Save | Print | E-mail | Most Read
ADB to Finance Highway Improvements
Adjust font size:

A loan of US$200 million from the Asian Development Bank (ADB) will assist fund a major  highway improvement project in China's northeast, according to a report from ADB on Monday.


The project will develop an integrated road network by upgrading a 428-kilometer stretch of the Jixi-Nehe highway in Heilongjiang Province and 170 kilometers of rural roads linking the highway, the report said.


Running across the province the 775-kilometer Jixi-Nehe corridor connects the eastern and western parts of the northeast province. More than half of the highway is in poor condition.  


"The project will help improve transport efficiency and safety, expand the transport network of Heilongjiang and improve access for income-generating opportunities and social services," said Eunkyung Kwon, an ADB Principal Transport Specialist.


ADB had, up to the end of last year, approved US$6.37 billion in loans to help develop road infrastructure in China.


(Xinhua News Agency August 1, 2006)

Tools: Save | Print | E-mail | Most Read

Related Stories
ADB Commits over US$17b Loans to China
ADB Offers US$80 Million Loan for Pollution Control in China
ADB Grants US$96 Mln Loan for Ecological Improvement in N. China Lake
ADB, BFA to Strengthen Cooperation and Communication
ADB to Offer More Support to China's Rural Areas
ADB Helps China Establish Micro-credit Institutions
ADB Loan for Henan Environmental Project

Product Directory
China Search
Country Search
Hot Buys
SiteMap | About Us | RSS | Newsletter | Feedback
Copyright © All Rights Reserved     E-mail: Tel: 86-10-88828000 京ICP证 040089号