For those that are still focused on the olympics.
China – biggest infrastructure boom in history
• After 15 years of rapid
urbanization, transportation
infrastructure has become a
huge bottleneck
• Current Five-Year Plan
(2006–10) calls for:
• $175bn spending on
railroads (equivalent to
around 3 Olympic projects)
• $200bn on airports and subways
• $80bn on highways
source:http://www.usfunds.com/docs/pdf/InfrastructureWebcast01222008.pdf
cheers.
cheers.
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