Ministry Of Railways Announced In January By Qi Cheng Railway Investment 321 800 000 000 More -

Yesterday, the Ministry of Railways announced in January the main indicators of completion of the national railway

. Data show that in January the national railway fixed assets investment 321.8 billion yuan, compared with 73.4% jump from last year, of which 233.7 billion yuan investment in capital construction, up 53.1%. Ministry of Railways, according to previously published data, in January the total fixed assets investment accounts for the year will Jinsi Cheng.

Railway investment peaked again According to the Ministry of Railways website information previously published in 2010, the national railway work conference pointed out that the development plan, the national railway fixed assets investment in 2010, the total size of 823.5 billion yuan, of which 700 billion yuan investment in capital construction. End of the year, namely, "the Eleventh Five", China's total mileage of railways in operation will be more than 90,000 km.

Do the same calculation, in January railway fixed assets investment of the annual plan of 39.08 percent, the total annual investment in infrastructure accounted for 33.39%.

Data show that in just the past 2009 years, China's railway fixed assets investment of 700 billion yuan, a new record level of investment and construction. Accordance with the plan in 2010, China's railway investment in fixed assets this year is expected to exceed last year, another record high. According to the Ministry of Railways

party members, Vice Minister Wang Zhiguo said earlier, from 2010 to 2012 for three years, the average annual investment in railway construction will be 7000 billion yuan.

Ministry of Railways side also said that new projects this year to 70, has been approved for feasibility study to be completed in the first half of the examination and approval; not approved the project to be completed in the first quarter of project approval, in the third quarter to complete the feasibility study approved for the early construction. Preliminary work to further improve the mechanism for the project to speed up the progress of project approval. Overall arrangements for survey and design power, improve design quality and efficiency of the investigation.

Will drive the economic effects of 7 trillion

2008 10 months, to stimulate economic growth to reach 2 trillion management on the scale of the railway investment plans. Some experts think that railway investment-led economic effect is enormous, especially among the investment in infrastructure.

It is estimated that the completion of the railway construction investment 10,000 yuan each, need 2 tons of cement, steel products 0.32 tons, man 25 working days. These rates in 2009 were 600 billion yuan of capital investment consumes 20 million tons of steel, cement 120 million tons, to provide 600 million jobs.

Another study shows that the highest investment in railways and related industries are 1:10 pull effect, each year more than 700 billion yuan in accordance with the investment objectives, the next three years, annual investment in railways led economic effect will be about 7 trillion yuan scale.

This company from the relevant industry profitability is reflected in?? It is understood that our Track Road traffic is one of the leading vehicle manufacturers in China South Locomotive 2009 Sell About the amount of the 100 billion yuan, of which orders from the Ministry of Railways to 72.4 billion yuan. And another industry leader CNR in the March 2009 and in September received from the Ministry of Railways during the two deals, totaling 69200000000 yuan.

However, according to the planning of the Ministry of Railways, China CSR, China, North car only in a piece of "cake" in less than 15% of the share of "pie." Data show that 85% of the railway construction investment focused on infrastructure investment, which will be part of the market by the China Railway, China Railway Construction Corporation and other companies share.

by: gaga

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