Beibu Gulf Port invests big in infrastructure construction

Beibu Gulf Port has been accelerating infrastructure construction and has finished a total infrastructure investment of 7.55 billion yuan ($1.17 billion) by August this year, officials from Guangxi Beibu Gulf Port Group announced on Sept 15.

The investment volume has tripled year on year and a batch of major projects has been completed. 

The first and second phases of adjustment for Qinzhou Port's east channel expansion project were put into operation in August. The east channel, stretching 23.34 kilometers, was built at a cost of 3.4 billion yuan. 

Being a flagship project in Guangxi's construction for the New International Land-Sea Trade Corridor, the east channel can meet up with the demands of two-way navigation of 100,000 metric ton container ships and the single-way navigation of 200,000 ton container ships.

The specialized 200,000 ton wharf for bulk cargo at the Yuwan port area in Fangchenggang and its supporting automatic loading and unloading yard also finished construction in August. The total length of the berths at the cargo is 343 meters and the wharf is designated to have an annual handling capacity of over 10 million tons.

The project has a total investment of 1.57 billion yuan and has optimized the structure of Beibu Gulf Port as well as increased the handling capacity for large-scale and specialized ships. 

It is expected that more than 120 billion yuan will be invested in the 14th Five-Year Plan period (2021-25) to move forward construction of a total of 85 major projects.