Sichuan to spend US$715 million to up port capacity to 1.65 million TEU
2012 03 08
- Details
SICHUAN province plans to invest a record-breaking CNY4.5 billion (US$715 million) on river shipping facilities this year to raise its port capacity to 1.65 million TEU by the end of this year, Xinhua reports.
This year, Sichuan will finish building the phase two project of the Luhzhou port multi-use terminal with a capacity of 500,000 TEU, and raise the aggregate capacity of Luzhou port to one million TEU.
Yibin port's Zhicheng operation area, the first phase of the project, will also be finished. Besides, Guang'an port's Xindongmen operations area, phase one, project will also be completed, raising capacity to 150,000 TEU.
Source Shipping Gazette - Daily Shipping News
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