Lingang Industrial Area in Tianjin Binhai New Area will continue to expand its port area this year to ensure a throughput of 5 million tonnes and reach a capacity of 10 million tonnes, Xinhua reported.
To boost growth, Lingang Industrial Area will continue to reclaim 15 square kilometres from sea and dredge the channel of the port area, the report said.
The port area will attract CNY20 billion (US$2.795 billion) investment and altogether invest CNY26 billion in port expansion and industrial projects this year, the report said.
Lingang Industrial Area invested CNY5 billion in port expansion projects last year and port area reclaimed 20 square kilometre land from sea and handled 3 million tonnes, the report said.
The industrial area will continue to expand in the next 20 years and cargo throughput of the port area is expected to reach 30 million tonnes by 2011, 10 times of that in 2007. Port channel will be deepened, the report said.
To boost growth, Lingang Industrial Area will continue to reclaim 15 square kilometres from sea and dredge the channel of the port area, the report said.
The port area will attract CNY20 billion (US$2.795 billion) investment and altogether invest CNY26 billion in port expansion and industrial projects this year, the report said.
Lingang Industrial Area invested CNY5 billion in port expansion projects last year and port area reclaimed 20 square kilometre land from sea and handled 3 million tonnes, the report said.
The industrial area will continue to expand in the next 20 years and cargo throughput of the port area is expected to reach 30 million tonnes by 2011, 10 times of that in 2007. Port channel will be deepened, the report said.