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Infrastructure and Construction

Nanjing section of high-speed rail in financial strife
By STAFF EDITOR
Published: March 13, 2008 12:00 AM
The Nanjing section of the Shanghai-Beijing high-speed rail line may face financing problems, the city’s vice mayor, Jin Daoqing, told the Oriental Morning Post. “The rail track that goes through Nanjing requires US$4.23 billion (RMB30 billion) out of the total US$30.99 billion (RMB220 billion) investment for the entire line,” Jin said. “But we have only secured US$140.8 ...
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