12-Apr-2010 11:16 AM

China to spend USD66 billion on 60 airport projects within next two years

CAAC stated a total of CNY450 billion (USD66 billion) will be spent on at least 60 airport projects, which will commence within the next two years (Routes Online, 09-Apr-2010). Approximately CNY90 billion (USD13 billion) will be invested in the country's airport infrastructure in 2010. 97 airports are planned to be constructed from 2006 to 2020, taking the total number in Chin to 244. Existing airports in Shanghai-Pudong, Guangzhou, Chengdu, Nanjing, Kunming, Chongqing, and Nanning will be expanded, and new ones will be constructed in many inland cities, including Yan'an in Shaanxi province and Daocheng in Sichuan province.

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