Problem Bidding Uncovered in Airport Projects "Only Tip of the Iceberg"
Published:
2011-02-25
A recent report by China's central auditing body revealed multiple problems involving bidding for contracts related to the construction of 23 Chinese airports involving almost 2 billion yuan. According to an unnamed source within the industry, the problems uncovered in the report were only the "tip of the iceberg." It’s reported that 500 billion yuan will be invested in civil aviation projects over the coming ten years.
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