THE second largest port in China for foreign trade, Qingdao, plans to develop Aoshanwan port area into the key component of the Qingdao major international container ports between 2015 to 2020, and a new mega port area, reports Xinhua.
Qingdao is estimated to expected to have a throughput of 410 million tonnes with a year-on-year increase of 7.8 per cent, 14.5 million TEU in containers with an 11.4 per cent increase and 287 million tonnes of foreign trade, a 7.4 per cent increase year on year growth at the end of 2012.
At the meantime, its Aoshanwan port area is expected to finish building two new 10,000-tonne berths, which will bring the port an extra capacity of 29 million tonnes. The port's full-year investment will reach CNY4.08 billion (US$650 million) and its capacity is expected to hit 245 million tonnes.