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Shandong Port Group invests $3bn in terminal facilities

Dongjiakou terminal_ (002).jpg
Port operator Shandong Port Group in North China is to inves RMB21bn ($3bn) in port facilities construction at Qingdao port, Rizhao port, Yantai port and Bohai Bay ports.

The 24 newly constructed projects mainly include:

A warehouse facility at Dongjiakou port area of Qingdao which could add 2.6m tons grain turnover capacity annually;

Two newly-constructed 1500,000 tonnes-class general cargo berths at Lanshan port area of Rizhao port, with a designed annual handling capacity of 10.5 m tons.

The second phase project of 300,000 tonnes-class crude oil terminal at Xigang port area of Yantai port, roro berth project at Weifang port.

Other terminal and sea-rail transportation projects at local ports.

Shandong Port Group, established in 2019, is engaged in port resources management and operation, port investment, port infrastructure construction, shipping and logistics.

 

TAGS: Asia