America Asia Corp · 8-K · For 8/18/04 Filed On 9/9/04 1:40pm ET · SEC File 0-20598 ·
The central government of the Peoples Republic of China has a five-year plan to spend $10.8 billion USD equivalent, with annual increases of $2.4 to $3.6 billion USD equivalent to develop a highway system of 3.5 million kilometers to be built throughout China. This will include new roadway systems between the 45,000 villages and major economic centers, and up grading of rural road system, tunnels and bridges. The primary road construction material to be used is asphalt with binders.