ADVERTISEMENT

China to build highway on Everest

Analysis

China will start building a highway on 29,000-feet-high Mount Everest next week.

The existing 108 kilometer (67-mile) unpaved road that goes from an altitude of 5.2 kilometer above sea level to the mountain foot will be blacktopped the Xinhua news agency reported Tuesday. Construction will take slightly more than four months and about $20 million (€14.9 million) is planned to be invested in the project.

In April, the organizing committee of the Beijing 2008 Summer Olympics said the world's highest mountain has been included in the Olympic torch relay route. The new highway will ease the task of taking the torch to the mountain top. Besides, China hopes the new road will increase the number of tourists willing to climb the mountain. (en.rian.ru)

ADVERTISEMENT

2,361 new COVID cases registered in Hungary Figures

2,361 new COVID cases registered in Hungary

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.