BEIJING (XFN-ASIA) - China will invest 140 bln yuan on airport construction over the next five years, the official Xinhua news agency reported.

Citing Zhang Haidong, a senior official from the General Administration of Civil Aviation of China, Xinhua said China will build 49 new airports, launch 71 airport expansion projects, and relocate 11 airports by the end of the 11th five-year plan period in 2010.

Zhang said infrastructure and capacity problems still exist, adding he hopes more foreign capital could be drawn to the sector.

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Posted by rjorr at September 13, 2006 11:53 AM