Closer Look: Unanswered Questions for Private Investment in Railways

(Beijing) – On May 18, the Ministry of Railways announced guidelines to encourage private capital to invest in the sector. The guidelines said a variety of investment entities would be treated fairly as they entered the sector, but didn't set out any limits on amounts of private capital.

The guidelines say private capital will be allowed to invest in new railway lines and bid for equipment procurement, construction and engineering design contracts.