Wuhan boosts port investment

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Shanghai: Wuhan New Port, based in the central Chinese province of Hubei, will get another injection of more than CNY 5 billion this year.
The new port is designed to be capable of handling 100 million tons of cargos and over-10 million teu a year. Once completed, it can serve cargos from such central and western provinces as Hubei, Hunan, Anhui, Jiangxi, Henan, Shanxin, Shaanxi, Sichuan, and Guizhou.
After the first batch of 16 projects launched last year, another 18 projects will kick off construction in 2009, including Tangjiadu rail and road bridge and 17 dedicated docks.
The bridge, with a total investment of CNY 9.3 billion, is scheduled to start construction in August 2009, and it will play an important role in connecting the Beijing-Jiujiang Railway with the Wuhan-Jiujiang Railway as well as several highways, furthering Wuhan’s claims to be the central nexus hub of China.
An oil tank dock of China National Petroleum Corp. will be built with a total investment of CNY 350 million. [25/02/09]