China
Central government struggling to control tollroads in China - market forces dominant
Posted Thu, 2008-02-28 21:21
Beijing's Xinhua news agency reports attempts by the central government of China to assert control over provincial government initiatives in building tollroads. 881 words read more »
Macquarie fund buys 81% of a toll concession in Guangdong (Canton) province China
Posted Fri, 2007-11-09 21:59
Macquarie is making its first move in the the huge but uncertain toll business in China. A Macquarie fund MIIF (Macquarie International Infrastructure Fund) based in Singapore has bought an 81% interest in the Hua Nan Expressway (HNE), an urban tollroad in Guangzhou, the major city of Guangdong province, right by Hong Kong.
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World Bank kowtows to China over tollroads report
Posted Mon, 2007-05-07 12:24
The World Bank is kowtowing to the Chinese government over a report critical of its handling of its massive toll expressway program. China has dozens of Robert Moseses pushing through great highway projects against all kinds of opposition and with rather little regard for the environment, equity, and planning.
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