Guangxi's investments in shipping channel upgrade up to US$213 million in H1
source:http://www.schednet.com author:time:2008-09-23
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Some CNY1.46 billion (US$213 million) has been invested in completing shipping infrastructure in Guangxi province in the first half of the year, more than 40 per cent more than spent in the same period last year, reported Xinhua.
The big job was the creation of a shipping channel with a 100,000-tonne capacity in the west bay of Fangcheng port in the Beibu Gulf economic zone, which is nearly completed, and accounted for 78.3 per cent of the total financial allotment. The channel in the east bay of the port now provides access to berths 501 and 502 berths in the fifth port area.
As for coastal shipping, the cities Beihai, Qinzhou and Fangchenggang in Beibu Gulf economic zone enjoyed an increase of 297,500 tonnes in transport capacity
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