The investment in the new area through its subsidiary Shanghai Shengdong International Container Terminal Company.
Located at the north side of Xiaoyangshan, the project includes seven 70,000 tonnes-class and two 150,000 tonnes-class container berths, with a design capacity to handle 11.6m teu per year.
Average annual operational days of the terminal could be around 330-334 days.
This terminal project will improve service level of Yangshan deep-water area, enhance river-to-sea combined transportation in Yangtze river delta, and promote world-class port cluster construction in the region, said SIPG.
With works starting from October 2022, the project construction is scheduled to be completed in stage within an eight year timeframe.
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