Beilun district of Ningbo city in Zhejiang, an eastern province in China, will continue investments in port infrastructure in 2008.
The Beilun government plans to carry out 42 major development projects involving port transportation, port-side industry, high-technology industry and social utilities.
The total investment reaches US$7.99 billion and the government will allocate $1.79 billion of which for developments in 2008. Among the port transportation projects, two container terminals, a multi-purpose terminal in Beilunshan and the Beilun section of an expressway had already started in February. Other projects such as Guangming Terminal for dry bulk cargo, connection of an expressway, Jiangnan Road, Meishan Bridge and Meishan container terminal will start construction soon.
Investments in port-side industry, hi-tech and public utilities include expansion of Beilun Power Plant, two submarine cable projects, development of a iron and steel plant, a sewage treatment plant as well as a power transmission and transformation plant. Port-side investments will become major economic momentum of the district.
The Beilun government plans to carry out 42 major development projects involving port transportation, port-side industry, high-technology industry and social utilities.
The total investment reaches US$7.99 billion and the government will allocate $1.79 billion of which for developments in 2008. Among the port transportation projects, two container terminals, a multi-purpose terminal in Beilunshan and the Beilun section of an expressway had already started in February. Other projects such as Guangming Terminal for dry bulk cargo, connection of an expressway, Jiangnan Road, Meishan Bridge and Meishan container terminal will start construction soon.
Investments in port-side industry, hi-tech and public utilities include expansion of Beilun Power Plant, two submarine cable projects, development of a iron and steel plant, a sewage treatment plant as well as a power transmission and transformation plant. Port-side investments will become major economic momentum of the district.