The government is expected to publish rules on private investment in the railway development fund, Securities Times reported Thursday, citing Peng Kaizhou, vice president of China Railway Corp. (CRC). The guidelines could come in the first half. Private investment has been allowed in some railway projects and several provinces such as Shandong and Hubei have established financing platforms to attract such capital to their own railway development program. Also, CRC is evaluating how to make the most of its land assets, the report said.
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