THE city government approved a plan Monday to spend 63.9 billion yuan (US$9.36 million) on more than 300 public projects, including the renovation of two main arteries running through the city.
The 19.5-km Beihuan Road, which opened about 20 years ago, will undergo major roadworks starting in February. The project, which is expected to be completed in April 2011, will cost about 970 million yuan.
Part of Binhe Road, which runs parallel to Beihuan Road, will also be upgraded. Costing 290 million yuan, a 9-km section from the Guangzhou-Shenzhen Highway Intersection to Bao'an Road South, will be widened to six to eight lanes each way. Construction will start in May.
Several other major roads, including Wuhe Road and Nanping Expressway, will be either extended or renovated, according to the plan.
The city government plans to spend 78 percent of the 63.9 billion yuan in five major areas, including social welfare, public infrastructure, industry upgrading and Universiade facilities.
This year, the city government will spend 19.9 billion yuan, or 10 percent more than last year, improving the environment. It also plans to invest 3.9 billion yuan to upgrade industries and promote sustained economic development.
About 6.9 billion yuan will be spent on improving public services and social welfare and 15.5 billion yuan will go toward boosting competitiveness and raising the city's profile. An additional 3.8 billion yuan will be spent on building facilities for the 2011 Universiade.
7b yuan for key projects
SHENZHEN will spend 7 billion yuan (US$1.03 billion) this year on key projects such as hospitals, schools and government-subsidized housing, the city's public works bureau said yesterday.
The construction of public housing in Shenyun Village in the east of Antuoshan, Nanshan District, and Meishanyuan in Futian District will be finished this year. Construction of the third plot in Yitian Village will start this year, the bureau said.
The construction of Xin'an Hospital, Baohe Hospital, Shenzhen No. 2 People's Hospital, the inpatients' department at Beijing University Shenzhen Hospital and the expansion of the Shenzhen Chronic Diseases Prevention and Treatment Hospital will start this year.
Xin'an and Baohe hospitals in Bao'an District will have 1,800 beds and greatly expand healthcare services in the district.
In education, infrastructure construction at the Shenzhen Institute of Information Technology will be finished this year at a cost of 2.43 billion yuan. Construction of the International Department of the Shenzhen Foreign Languages School will start this year.
Source:Shenzhen Daily