China targets $12.4bn investments in aviation infrastructure

China targets $12.4bn investments in aviation infrastructure
Illustrative picture. PHOTO CREDIT: Qumaiya

The Civil Aviation Administration of China (CAAC) on Monday, said the government will invest ¥85 billion ($12.41 billion) in aviation infrastructure this year.

CAAC in a statement posted on its website about its targets for 2019 said the move by the government is in support of aviation infrastructure development in the country.

Meanwhile the $600 million (N183 billion) newly commissioned Chinese built international terminal at the Nnamdi Azikiwe International Airport, Abuja on Sunday began operation with the arrival of a flight from Lome, Togo.

 

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