A Chinese communications official has said that China has received $16.96 billion in loans from international financial institutions for land and waterway transport projects.Speaking at the central Asia Region Economic Cooperation meeting held last week, Vice Minister of Communications Feng Zhenglin said that the loans have been used to extend expressways by 8,460 km, high-quality roads by 5,952 km and a road network by 10,069 km in China over the past years.
Nigel C. Rayner from Asia Development Bank, confirmed that international financial institutions will continue to support communications projects in building road corridors linking China's western and central Asian regions.
