Qingdao Port plans expansion
Qingdao Port Group (QPG) is targeting a 5% increase in cargo throughput this year, and will spend Yuan3bn (US$438m) to expand port facilities.
International port investors that have already invested in Qingdao container terminals, including DP World, AP Moller-Maersk, China Cosco and Hong Kong Pan-Asia Shipping, would continue to expand in the Qianwan port area in 2009, chairman Chang Dechuan said.
Meanwhile,...
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