What is the latest status of the project “Ningbo Meilong Port Project”?

The status recorded for “Ningbo Meilong Port Project” is Active.

Who are the main government, EPC, and private stakeholders for “Ningbo Meilong Port Project”?

Taiyo maps the stakeholders of “Ningbo Meilong Port Project”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Ningbo Meilong Port Project”?

Taiyo normalizes the budget of “Ningbo Meilong Port Project” to USD 158480000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Ningbo Meilong Port Project”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/ningbo-meilong-port-project-7565). Taiyo standardizes official data into a consistent, searchable project profile.

Ningbo Meilong Port Project

Sector: Cable car • Location: Zhejiang, China

Source: World Bank Group

Project

Active

In June 2012, the Ningbo Port Co., Ltd. signed a concession agreement with Maersk Group under which the two parties would form a JV (Ningbo Meishan bonded port Meilong Dock Management Co. Ltd.) to operate the Ningbo Meilong Port Berth #3, #4 and #5 in Ningbo City, Zhejiang Province. The total investment was RMB 1 billion (US$ 158.48 million) and Maersk had a 25% stake in it. The period of the conc

Status: Prospective
Sector: Cable car, Seaport, Automotive, Commercial, Water Supply and Storage, Telecommunications, Government
Location: Zhejiang, China
Updated: 22 Jul 2026
Source: World Bank Group

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The project “Ningbo Meilong Port Project” is an infrastructure initiative in the Cable car sector, located in Zhejiang, China. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	In June 2012, the Ningbo Port Co., Ltd. signed a concession agreement with Maersk Group under which the two parties would form a JV (Ningbo Meishan bonded port Meilong Dock Management Co. Ltd.) to operate the Ningbo Meilong Port Berth #3, #4 and #5 in Ningbo City, Zhejiang Province. The total investment was RMB 1 billion (US$ 158.48 million) and Maersk had a 25% stake in it. The period of the concession was not reported. Construction of the three berths had already begun in Sep 2011 and was substantially completed by the end of 2012. The total capacity of the three berths was 400,000 TEU per year.
Original sector	Transport
Procurement method
Budget

Location

Country	China
State	Zhejiang

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Cable car, Seaport, Automotive, Commercial, Water Supply and Storage, Telecommunications, Government
Article published date	2024-05-24

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