China outlines plans to invest USD174bn in infrastructure by end-2018

18 Jan 2017

China’s National Development & Reform Commission and telecoms watchdog the Ministry of Industry & Information Technology (MIIT) have created a three-year action plan for the construction of information infrastructure (2016-2018), setting out plans for projects worth a combined total of CNY1.2 trillion (USD174.35 billion). C114 writes that the plan aims to support the development of high speed fibre-optic, advanced mobile broadband systems, global network facilities and the strengthening of capabilities to support applications. The programme focuses on 92 infrastructure projects, which need a combined investment of CNY902.2 billion.

China, Ministry of Industry and Information Technology (MIIT)