Guangzhou, China, 17 Jan – Construction of the railroad between the Chinese cities of Guangzhou and Zhuhai is to be re-launched in February after a stoppage of almost 10 years, Li Kelie the director-general of the company that will operate the line said in Zhuhai Monday.
The 186-kilometer-long railway line, which will mainly be used by cargo trains, starts in Jiangcun, north of Guangzhou and ends at the port of Gaolan in Zhuhai.
Construction began in 1997 but stopped soon after due to a lack of funds and for other reasons and is now expected to take four years and cost around US$580 million.
Forty percent of the investment is to be funded by the Railroads Ministry, 30 percent by the city of Zhuhai and 25 percent by the provincial government of Guangdong with the remaining 5 percent guaranteed by bank loans.
Once the railway line goes into operation it is expected to solve the road problems in accessing the port of Zhuhai, the managers of which plan to increase the tonnage the port processes from the current 20 million tons to 98 million by 2010 and 200 million tons in 2020. (macauhub)