The Yangluo Port Heavy and Special Large Cargo Terminal, with an investment of 150 million yuan, will start construction next year. Yesterday morning, the investor Hong Kong China Infrastructure Port Holdings Co., Ltd. officially signed an investment agreement with the Xinzhou District Government.
The construction of the Yangluo Port Special Large and Heavy Cargo Terminal will greatly enhance the functionality of this deep-water port and provide strong support for the transfer of our city's heavy industry to the Linjiang Industrial Belt in the eastern Yangluo Development Zone.
According to the agreement, Yangluo Port will requisition a 150 meter deep water coastline of the Yangtze River to construct a heavy and extra large cargo terminal for loading and unloading goods weighing over 600 tons. Construction will officially begin next year and it will be completed and put into use in the first half of 2009. After the completion of the project, it will become the largest logistics facility terminal in Central China that specializes in transporting heavy and oversized goods.
Relying on Yangluo Port, we will make every effort to build four major port areas for containers, steel, coal, and grain; Developing the four major logistics of steel, coal, grain, and commerce; Building four major project clusters in steel processing, building materials and chemical industry, textile and clothing, and equipment manufacturing is a new round of strategic deployment for our city's industrial manufacturing industry. At present, a large number of projects such as the Jiangbei Steel Processing Base of Wuhan Iron and Steel Group, Yadong Cement in Taiwan, Pohang Refractory Materials in South Korea, Vilca Steel Rope in the United States, National Rice Trading Center, and Sino German Fine Chemicals have settled in and successively constructed and put into operation.
Zhou Guanghui, Chairman of the Board of Directors of Hong Kong China Infrastructure Port Holdings, stated that the construction of the heavy cargo terminal greatly enhances the attractiveness and radiation of the international container transit port in the middle reaches of the Yangtze River.
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