Further port build up in Qingdao

Dalian: Tongyu Heavy Industry inked an agreement on 20 November with Qingdao Jimo municipal government to invest and construct a harbour industrial park.

The company will construct roads, channels, terminal, docks, an open yard and other facilities at the park. The whole project will be divided into several phases, according to the company’s announcement, the first phase will focus on marine engineering and port equipment, petrochemical and energy equipment with a total investment of RMB700m. [22/11/12]

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