China Approves 12.86 Bln High-speed Railway Project In...

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BEIJING, Nov 12 (Reuters) - China's state planner said on Thursday it has approved a high-speed railway project with a total investment of 85.1 billion yuan ($12.86 billion).

The project will link Chengdu city in southwestern Sichuan province to cities along the way to Chongqing municipality, Lạc Sơn Đại Phật the National Development and Reform Committee (NDRC) said in a statement on its website.

A total of 432.4 km (270 miles) of rail will be built, the NDRC said.

($1 = 6.6171 Chinese yuan renminbi) (Reporting by Lusha Zhang and kynghidongduong.vn Ryan Woo; Editing by Kim Coghill)

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