China's Tibet reports US$8.5 bln in fixed assets investment
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[January 31, 2006]

China's Tibet reports US$8.5 bln in fixed assets investment

(Asia In Focus Via Thomson Dialog NewsEdge)LHASA, Jan 31 Asia in Focus - Southwest China's Tibet Autonomous Region reported 69 billion yuan (US$8.5 billion) in fixed assets investment between 2001 and 2005, three times as much as in the previous five-year period. About 50.8 billion yuan of the investment was appropriated from the central coffer to boost infrastructure construction in the region, said a report on the regional social and economic development during the 10th Five-Year Plan Period (2001-2005).



* In the past five years, 42,700 kilometres of highway opened to traffic and track laying was completed on the world's highest railroad linking Tibet to neighbouring Qinghai Province.

* The region's installed power generating capacity was expanded to 500,000 kilowatts, an increase of 150,000 kilowatts from the year 2000.


SUMMARY

Southwest China's Tibet Autonomous Region reports US$8.5 billion in fixed assets investment between 2001 and 2005

ASIA IN FOCUS

31-01 1742

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