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SOCIETY
Weekly Watch> WEEKLY WATCH NO. 30, 2011> SOCIETY
UPDATED: July 22, 2011 NO. 30 JULY 28, 2011
Tibet Investment
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The Chinese Government plans to invest 138.4 billion yuan ($21.45 billion) in Tibet over the next five years.

The investment will primarily support 226 major construction projects in Tibet that will involve a total investment of 330.5 billion yuan ($51.24 billion), according to a statement issued on July 20 after a State Council meeting approved the plan.

The projects will cover construction of facilities for the region's public services, as well as infrastructure such as railways, highways, airports and hydropower plants.

The investment will also be used to promote the region's local industries and protect the environment, the statement said.



 
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