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Guangzhou port and Shaoguan to jointly develop terminal project

China's Guangzhou Port and Shaoguan city in Guangdong province have signed a cooperation agreement to invest in over RMB1bn ($146.4m) to develop a terminal project at Shaoguan port.

According to the agreement, the two parties will jointly construct the terminal infrastructure at Shaoguan port, mainly including the first phase project of Baitu port area, and the expansion project of Shaoguan new port. The two projects will start construct in December 2020 and June 2021 receptively, and be completed in late-2022.

Guangzhou port will take this opportunity to upgrade the shipping channel of Beijiang, a part of the main Pearl river, and accelerate the local transportation structure, according to Li Yibo, chairman of Guangzhou Port Group.

Upon completion of the projects, Shaoguan port is expected to improve its logistics service capability and the connection with Guangdong-Hong Kong-Macao Greater Bay area.

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