Yantai invests US$366 million to gain 180 million-ton volume in 2010

EAST China's Yantai port, across from Korea on the Bohai Sea, plans to invest CNY2.5 billion (US$366 million) in 23 building projects with a expectation to reach a harbour throughput of 180 million tonnes in 2010, reports Xinhua.

The port's new construction includes 20 berths over 100,000 tonnes annual capacity, namely 10 of 50,000 to 100,000 tonnes, seven of 100,000 to 150,000 and one of 200,000 tonnes. A CNY550 million ro-ro passenger centre will start construction this year.

The port's throughput is expected to reach 180 million tonnes through 2010, including 1.5 million TEU, and to move 10 million passenger trips. Meanwhile the port's harbour industry revenue is estimated to CNY460 billion, up 12 per cent year on year.

(Source: www.schednet.com)