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Kunming announces plans for urban rail networkThursday, 15th May 2008 ~ Chris ~ Link ~ Comments (0)
Its streets increasingly choked with traffic, its buses full and urban sprawl pushing development southward, Kunming is preparing to start construction on its first urban rail line, perhaps before the end of the year, according to local media reports citing Kunming Municipal Traffic Research Institute Director Lin Wei. According to Lin, the Kunming Municipal High-Speed Rail Transportation Network Plan has already been completed. The plan includes a total of six high-speed rail lines covering a total of 162 kilometers (100 miles). Pending governmental approval, it is hoped that phase one of the project will begin before the end of this year. The first phase of the network, Line 1, will connect downtown Kunming with the university campuses in the south of Chenggong, a county that is technically part of Kunming Municipality. Shortly after approval is obtained and construction begins on Line 1, work is expected to begin on Line 2, which will connect Kunming's northern suburbs with the northern shore of Dianchi Lake. The two areas boast some of the city's highest concentrations of wealth with the north shore of Dianchi to become more economically dynamic via developer Shui On Land's Caohai Urban North Shore project, which is expected to cover 87 hectares and feature commercial and residential space as well as museums, theaters, an amphitheater and an "artist's community". Other proposed lines include: Line 3: Ma Jie (west Kunming) to Liangmian Temple (east Kunming) Line 4: High-tech Park (northwest Kunming) through downtown Kunming and Kunming ETDZ to Chenggong New Area Bailongtan Line 5: World Horticultural Expo Gardens (northeastern Kunming) through downtown Kunming to Dianchi Holiday Area (southwestern Kunming) Line 6: Downtown Kunming to New Airport Construction of Line 1 is expected to cost as much as 32 billion yuan (US$4.5 billion), with each kilometer of above-ground light rail costing around 250 million yuan and each kilometer of underground subway expected to cost between 400 million and 800 million yuan. According to Lin Wei, all rail lines within Erhuan Lu – Kunming's second ring road – will be underground. No time schedules were provided for completion of the lines and no companies were mentioned with regards to supplying or building the network. Shanghai subway image: New York Times Tags: Chenggong, Dianchi Holiday Area, Kunming ETDZ, light rail, Lin Wei, new airport, subway, World Horticultural Expo Gardens Investment agreements signed for Kunming Shenzhen Industrial ParkTuesday, 15th April 2008 ~ Chris ~ Link ~ Comments (0)
Last Friday, Yunnan and Kunming government representatives signed a group of deals with Shenzhen-based companies who will be involved in the development of the upcoming "Kunming Shenzhen Industrial Park" within the Kunming Economic and Technological Development Zone (ETDZ), according to Kunming media reports. The investment agreements signed at a special ceremony totaled more than 30 billion yuan (US$4.28 billion) and include projects related to the industrial park's construction and infrastructure as well as IT- and logistics-related projects. Of the agreements signed at the ceremony, some of the larger projects include a 240 million yuan comprehensive IT product research and development center with production and packaging facilities, a 9 billion yuan software base, a 600 million yuan export processing facility focused on the automotive sector and a 300 million yuan gem processing and trade center. More than half of the 22 projects for which agreements were signed on Friday involve investment of 100 million yuan or more. Most of the goods produced in the industrial park will be exported to European, North American and South Asian markets. Image: clzg.cn Tags: foreign trade, investment, Kunming Business, Kunming ETDZ, Shenzhen |
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