Lianyungang Port promoted its development vision of becoming an international hub with an annual capacity of handling over 10 million TEUs by 2025 during a meeting in Nanjing on September 13.
Organized by the Lianyungang Municipal Government, the meeting attracted representatives of more than 90 financial institutions and investors. The promotion also witnessed the signing of strategic cooperation agreement between the port and the provincial branches of six major state-owned banks.
Commanding an important strategic position, Lianyungang Port is one of the country’s 25 major coastal ports, 11 international seaport hubs and three main ports of the vibrant Yangtze River Delta region.
The port’s long-term development goals are to handle 350 million tons of cargo a year by 2025 and then 15 million TEUs and 500 million tons of cargo by 2035. It aims to become a major international hub that helps open China further through links running eastward and westward, and across land and over sea.
The port has a planned shoreline of 110 kilometers, of which 30 kilometers are now developed. Zhu Xiangyang, president of Lianyungang Port Holdings Group, said the port’s development priorities are to serve as a key hub for industries, logistics and foreign trade.
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