Guizhou will invest 868 billion yuan in infrastructure

16/08/2019

 

The money will go to major livelihood projects between roads and supplies

 

A new Chinese province invests in infrastructure to modernize. In particular, as provincial government sources report, the province of Guizhou, in southwestern China, will inject 868 billion yuan (about $ 123.7 billion) by 2022 into infrastructure construction.

With this money, the province plans to better adapt the areas to greater structural efficiency. The money will go to important livelihood projects involving roads, water supply, electricity, underground pipelines and pipelines.

 

Social and private capital is encouraged to participate

 

This year, 190 billion yuan will be invested, while the remaining 678 billion yuan is expected to arrive between 2020 and 2022. Social and private capital is encouraged to participate in such projects.

 

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