China: Caofeidian Terminal Development Plan Moves Ahead

Business & Finance

Caofeidian Terminal Development Plan Moves Ahead

Recently, CCCC First Harbor Consultants Co., Ltd. has won the bid for the Phase 1 of the hydraulic structure works of the universal terminal of Caofeidian Steel Logistics Co., Ltd. in Tangshan, with a contract value of 171 million yuan and a construction period of 8 months.

Located at the northern end of the east coastline of the second basin of Caofeidian Port, the project involves the construction of four specialized universal bulk berths, including two 50000t berths and two 20000t ones.

The project is of great significance to improving the handling capacity of Caofeidian Port and promoting the economic and social development of the coastal area in Hebei.

[mappress]

Press Release, January 28, 2013