Shanghai: Hebei government has introduced a new guidance for port development in the province.
The government aims to develop Tangshan Port as a shipping center, which will be supported by another two ports – Huanghua Port and Qinhuangdao Port.
The guidance has set the target of completing 1.2bn tons of cargo throughput and 7m teu annually by 2017 and increase the number to 1.5bn tons and 10m teu respectively by 2020.
Qinhuangdao Port Group established a joint venture, Bohai Port Investment with Tianjin Port Group in August to further development. [27/11/14]
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