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Home Latest News

Investment in water projects tops $300m in 5 years

byCT Report
15/02/2016
in Latest News
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BEIJING: China invested more than 2 trillion yuan ($300 billion) in water conservation during the 12th Five-Year Plan period (2011-2015), the Ministry of Water Resources said here the other day.

The investment benefitted hundreds of millions of people through projects related to drinking water in the countryside, flood control, drought relief, irrigation and rural hydropower, the ministry said.

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“The coming five years is a critical period for China to quicken reform and development in water projects and improve water safety. Good planning is key,” said Jiao Yong, vice minister of water resources.

Jiao said the government will keep investing in major water projects and encourage private capital to contribute.

 

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