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Volume 14,Issue 3 Autumn 2012

CAAC’s Head: Airports won’t be built for profit


Director of the Civil Aviation Administration of China, Li Jiaxiang, said future construction of airports will be regarded as an investment in social infrastructure, as per directives in the 11th Five Year Plan, rather than a means of generating profits.
According to the latest plan, China plans to build 50 new airports, relocate 12 airports and expand up to 78 existing ones. This translates into a total capital investment of 500 billion yuan.

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