Shenzhen proposed 40b for modern service industry cooperation zone

Published on October 28, 2009 by connie | This story has been viewed 365 views

The newly approved “Shenzhen’s first batch of domestic demand expansion projects” has listed Shenzhen-Hong Kong cooperation as one of its key projects and only the investment for Qianhai Cooperation Zone of Shenzhen-Hong Kong modern service industry has reached up to RMB forty billion Yuan, according to the report of China News Agency of Hong Kong.

Except the cooperation zone that has got forty billion Yuan investment, the Shenzhen-Hong Kong cooperation has also attracted special concerns on the transportation construction, including the projects of Guangzhou-Shenzhen-Hong Kong special line for passenger transportation with investment of 23.3 billion and Shenzhen-Hong Kong eastern channel with investment of 6 billion Yuan etc.

In addition, the Pearl River crossing channel from Shenzhen to Zhongshan and Shenzhen-Hong Kong eastern channel have all been listed among the key projects. The metro projects of Shenzhen Metro Group and Shenzhen Metro No.3 Line Investment Co., LTD have received most investments, including the first-phase project of track traffic No.2 line, the experimental section of the eastern extension line of Metro No.2 line, the track traffic No.5 line project, Shenzhen North Station hinge project, Guang-Shenzhen-Hong Kong passenger transportation special line and relevant projects of Metro No.3 line, totaling ten projects with total investment of 69 billion Yuan.

It’s said that there are totaling 242 projects entering into the “Shenzhen’s first batch of domestic demand expansion projects”, with total investment of 387.9 billion Yuan. Most of the projects will be completed with investment successively in three years.

Shenzhen Post Elaine Contributes to the Story.

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