February 3rd, 2011
Econintersect: The Xinjiang region of far western China has announced a $4.6 billion airport construction and improvement plan. The plan includes the construction of four new airports in Tazhong, Shache, Loulan and Tumshuq, airport relocations in Shihezi, Qiemo and Fuyun, and airport expansions in Urumqi, Hotan and Korla. Follow up:
Sources: People's Daily Online and China Economic Review
Follow up:The investment will be made over the five years 2011-15 and amounts to a 4.5-fold increase over what was spent in this area 2006-10. By 2015 the region will have 22 operational civilian airports, up from 16 today.