Page 64 - 2016_SpecialReport_web
P. 64
6 Special Report on the State of Business in South China
Rail
Guangxi’s railway network, which has long lagged behind
that of neighboring provinces, is currently undergoing develop-
ment and expansion. The province plans to spend RMB300 bil-
lion on railway construction between 2011 and 2015.
This project is integrally connected to Guangxi’s develop-
ment of trade with ASEAN. The province plans to accelerate
the construction of a high-speed railway from Nanning to Sin-
gapore via Vietnam as the groundwork for the Nanning-Singa-
pore Economic Corridor.
The first step of this is a railway segment between Nanning
and Pingxiang, a city near China’s border with Vietnam. The
larger Corridor is planned to encompass Hanoi in Vietnam,
Vientiane in Laos, Phnom Penh in Cambodia, Bangkok in
Thailand, Kuala Lumpur in Malaysia, and Singapore.
Ports and Waterways
Guangxi’s main port is at Beibuwan (Gulf of Tonkin), which
lies just off the coast of northeastern Vietnam and has an an-
nual goods output approximately equal to that of Guangdong’s
Zhanjiang and Fujian’s Xiamen combined (119 million tons).
The province plans to raise the capacity of the port to over 330
million tons by the end of 2015, according to Guangxi’s “De-
velopment Plan” and Xinhua News Agency. In 2011, it invested
heavily in terminal and navigation channel projects with the
goal of turning the port into a hub for ASEAN trade.
64
Rail
Guangxi’s railway network, which has long lagged behind
that of neighboring provinces, is currently undergoing develop-
ment and expansion. The province plans to spend RMB300 bil-
lion on railway construction between 2011 and 2015.
This project is integrally connected to Guangxi’s develop-
ment of trade with ASEAN. The province plans to accelerate
the construction of a high-speed railway from Nanning to Sin-
gapore via Vietnam as the groundwork for the Nanning-Singa-
pore Economic Corridor.
The first step of this is a railway segment between Nanning
and Pingxiang, a city near China’s border with Vietnam. The
larger Corridor is planned to encompass Hanoi in Vietnam,
Vientiane in Laos, Phnom Penh in Cambodia, Bangkok in
Thailand, Kuala Lumpur in Malaysia, and Singapore.
Ports and Waterways
Guangxi’s main port is at Beibuwan (Gulf of Tonkin), which
lies just off the coast of northeastern Vietnam and has an an-
nual goods output approximately equal to that of Guangdong’s
Zhanjiang and Fujian’s Xiamen combined (119 million tons).
The province plans to raise the capacity of the port to over 330
million tons by the end of 2015, according to Guangxi’s “De-
velopment Plan” and Xinhua News Agency. In 2011, it invested
heavily in terminal and navigation channel projects with the
goal of turning the port into a hub for ASEAN trade.
64
