Qingdao: The New Qingdao Qianwan Container Terminal Co., Ltd.(QQCTN) which was jointly founded by QQCT and Pan Asar formally went into operation at the fourth phase container terminal of Qingdao Qianwan on June 29. It is the largest port infrastructure project with foreign capital in Shandong province.
QQCTN is also jointly founded by Qingdao Port Group, DP World, COSCO and A.P. Moller-Maersk Group. The total investment of this 10 berth, 3.4km project is US$1.4bn. Depth alongside is 20 metres. [1/7/09]
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