Civil Aviation Sector Seeks New Investments
March 31, 2003 | BY
clpstaff &clp articlesFreshfields Bruckhaus DeringerChina's ambitious plan to overhaul its aviation industry includes the construction of 94 new airports within the next seven…
Freshfields Bruckhaus Deringer
China's ambitious plan to overhaul its aviation industry includes the construction of 94 new airports within the next seven years, and will require additional investments totalling Rmb110 billion (US$13.3 billion) by 2005. Although some industry analysts say the goal is unrealistic, China appears to be making significant efforts to attract both foreign and domestic private funds to its aviation sector.
Foreign Investment
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