China plans to increase railway investment for 2013

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Publish time: 23rd January, 2013      Source: ChinaCCM
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Reportedly, China's Ministry of Railways (MOR) planned to increase railway investment approximately RMB650 billion (US$104 billion) in 2013, rising by 3% from a year ago.

Meanwhile, China's MOR has planned to lift the railway infrastructure investment to RMB520 million for 2013 in order to meet the demand at domestic railway projects.

It's expected that the railway infrastructure projects to recover especially the government's new policies to carry on in 2013.