Figure 2.4 Realised Foreign Direct Investment in Guangdong
US$M
8000
7000
6000
5000
4000
......
3000
2000
1000
0
1988
1989
1990
1994 1986-91
Source: Guangdong Statistical Yearbook 1991, 1992;
Southern China in Transition
2.19 A summary of recent foreign investment in the province is provided on Figures 2.4 and 2.5. The continuing growth in investments and the domination of Hong Kong entrepreneurs is clear.
Infrastructure
Transport
2.20 The emerging patterns of transport
infrastructural developments within Guangdong are illustrated on Figures 2.6 and 2.7. The clear focus of these works is the Pearl River Delta. As yet, although much talked about, links between Guangdong and the rest of China are receiving lower priority. The main modes for short distance traffic are roads and the inland waterways - roads now dominating the passenger market. The main mode for long distance traffic is rail. These divisions are likely to continue. Many new ports are being planned - the proposed construction programme may, however, be over ambitious - the lack of deep water is an enormous problem. Much will depend on the successful expansion of Hong Kong's own port. There are also plans for a new international airport to the north of Baiyun in Guangzhou and for expanding Shenzhen Airport. These will serve mainly regional needs. They should not challenge Hong Kong's dominant position in the market for international traffic and are, indeed, more likely to reinforce it by building a hierarchy of facilities with Hong Kong at its apex. They should actively contribute to Hong Kong's growth as an international hub.
Utilities
2.21 Great efforts are being made to upgrade the electricity, telecommunications and water supply situation. The present provincial electrical generating
Figure 2.6 Principal Road Network and Committed Improvements
207
324
SOUTH
- 10 -
CHIN A
S E
205
LEGEND
Korean
Extning expressway
----
Planned expressway
Existing national roule
Planned upgrading of national route from Chat Cl
Principal Road Network and Committed improvements
50km