The line will be designed for 250km/h operation and will take around five years to construct.
The total budget for the project is estimated to be Yuan 80.5bn ($US 12.6bn) including Yuan 3.6bn for rolling stock. The chinese government will provide Yuan 40.3bn with Yuan 25.3bn coming from the China Railway Development fund. The governments of Shaanxi, Gansu and Ningxia will provide the remaining funds.
The project will largely be financed through loans from domestic banks with the support of a $US 200m loan from the World Bank.
