Shenzhen Yantian Port Group intends to establish a joint venture company with Hutchison Ports Yantian to invest and construct the first phase of the container terminal project in the east operation area of Yantian Port Area, Shenzhen Port.
The project mainly includes three 200,000 dwt container terminal berths, equipment allocation and backend land investment, with a total investment of RMB10.939 billion, which will consolidate the port's status as a world-class container hub port and aim to build it into the world's best and world-class Smart Port Area.
According to the overall planning of Yantian Port East Operation Area, the first phase of the project will be able to berth 3 200,000 dwt container ships at the same time to construct a 1,470-meter terminal shoreline, and to construct a rear land area of approximately 1.2 million square meters. The designed annual throughput is 3 million TEU, and the total construction period is 56 months.
In 2020, Yantian Port completed a container throughput of 14.776,300 TEU, among which Shenzhen completed a container throughput of 14.710,100 TEU, accounting for 55.41% of the market share of Shenzhen Port.
The East Operation Area of Yantian Port is the only large-scale deep-water terminal shoreline resource in Shenzhen Port. The implementation of this project is an important decision made in accordance with the market demand and the government's strategic planning.
Source: Sarah Yu, XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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