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Beilun Terminal Phase 4 Project

Sector: Government • Location: China

Source: World Bank Group

Project
Active

In February 2006, two joint ventures, Ningbao Yining Port Operation Co., Ltd. and Ningbo Yongli Port Operation Co., Ltd. were formed between ITALIA MARITTIMA S.p.a. and Ningbo Port Group to build and operate the berth #5 and #6 respectively, as the forth phase of Beilun Terminal development program. ITALIA MARITTIMA S.p.a. was selected by Ningbo Group through a competitive negotiation process. The

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The project “Beilun Terminal Phase 4 Project” is an infrastructure initiative in the Government sector, located in China. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

In February 2006, two joint ventures, Ningbao Yining Port Operation Co., Ltd. and Ningbo Yongli Port Operation Co., Ltd. were formed between ITALIA MARITTIMA S.p.a. and Ningbo Port Group to build and operate the berth #5 and #6 respectively, as the forth phase of Beilun Terminal development program. ITALIA MARITTIMA S.p.a. was selected by Ningbo Group through a competitive negotiation process. The projects were located in Ningbo City, Zhejiang Province. The two 50:50 joint ventures would operate the berths for 50 years. Each join venture has a registration capital of US$ 50 million. The total investment for each berth was US$ 99 million.

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Source reliability

High

Data quality score

100%

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URL

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