Fujian invests US$2.38 billion on roads and waterways in first quarter

2012 04 20

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DURING the first quarter of this year, southeastern Fujian province spent CNY14.97 billion (US$2.38 billion) on road and water traffic projects, taking 18.7 per cent of the province's annual investment target, Xinhua reports.

Expenditure on expressways totalled to CNY7.32 billion. Those on roads and highways totalled CNY5.17 billion. Waterway projects cost CNY1.88 billion. CNY219 million was spent on freight yards and depots. The province also spent CNY352 million on other auxiliary facilities for transportation.

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