China to build 2nd railway in Xinjiang for RMB 120 bln
Published: 25 Nov 2008 02:07:54 PSTNov. 25, 2008 (China Knowledge) - China will invest RMB 120 billion to build a second railway traversing the northwestern Xinjiang Uygur Autonomous Region, the official Xinhua News reported. Construction is expected to begin next year, and the new line will facilitate the transport of agricultural products and minerals, mainly coal, out of Xinjiang, by relieving congestion on the existing line. Since its first railway launched in 1962, Xinjiang has built more than 3,000 km of railways with another 2,200 km of track under construction. Copyright © 2008 www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI | 
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