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Ningbo Beilun Port Phase II

Sector: Government • Location: China

Source: World Bank Group

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The joint venture company formed by Hutchison Whampoa Ltd, through its subsidiary Hutchison Port Holdings (HPH), and the Ningbo Port Authority signed an agreement to jointly develop and operate Ningbo Beilun Port Phase II at Ningbo, Zhejiang province in China.HPH announced that they were to acquired a 49% interst in the joint venture with the total investment at RMB 2000 million.

Ningbo Beilun

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

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Description

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The joint venture company formed by Hutchison Whampoa Ltd, through its subsidiary Hutchison Port Holdings (HPH), and the Ningbo Port Authority signed an agreement to jointly develop and operate Ningbo Beilun Port Phase II at Ningbo, Zhejiang province in China.HPH announced that they were to acquired a 49% interst in the joint venture with the total investment at RMB 2000 million. Ningbo Beilun Port was a natural deepwater port. Phase II, situated on 744,000 square meters of land, was equipped with three container berths, a quay length of 900 meters and depth alongside of 13.5 meters. Ningbo Beilun Port handled over 900,000 TEU in 2000. None None

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