Guangzhou plans heavy investment in metro system
(November 08,2002 )(China Daily)
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Guangzhou is planning heavy investment in its
metro system and the municipal government is soliciting public opinion to improve
its latest metro network expansion plans.
Guangzhou
Urban Planning Bureau and Guangzhou Metro Corp yesterday released two metro
network plans and have asked the public to indicate their choice.
Citizens
may submit their opinions by fax, letter or email to either the urban planning
authorities or the metro corporation for the coming half month.
"We
hope our citizens' concerns and ideas will improve our metro network
planning," noted Wang Mengwei, director of Guangzhou Urban Planning
Bureau.
According
to Lu Guanglin, general manager of Guangzhou Metro Corp, both plans would
require an investment of 200 billion yuan (US$24.10 billion), 60 per cent to
come from the city's fiscal and land use revenues and the remaining 40 per cent
to be borrowed from banks.
And
construction cost for the new metro lines stands at 400 million yuan (US$48.19
million) per kilometre.
Lu
said that both plans are feasible in terms of geological conditions,
construction and investment experience, engineering technology and economic
risks.
And
both projects fit in well with the city's overall development plans.
One
of the new plans consists of 14 urban metro lines and one suburban rail line,
which will add up to 537.5 kilometres to the city's metro system, while the
other one consists of 15 metro lines and one suburban rail line, with a total
length of 514.7 kilometres.
When
the new metro network goes into operation, Lu said, a passenger can reach any
traffic point, terminal or even any corner in the urban area within 30 minutes
and a passenger will be able to reach the Pearl River Delta cities of Nanhai,
Foshan, Shunde and Dongguan within one hour.
When
the projects are completed, the general manager said, Guangzhou will be level
with some developed countries in terms of metro traffic.
In
a recent seminar co-organized by Foshan Daily and the Foshan Metro Corp on
metro-related economy, experts said that more metro lines will particularly
benefit property developers and the tourism industry in the Pearl River Delta
and that more metro lines will greatly improve traffic in downtown areas.
Based
on the metro planning of the 1980's, Guangzhou Metro Line 1, which is 18.48
kilometres long, has been in use since 1999.