Wenzhou Zhuangyuan Ao New World International Terminals

active

On July 15, 2006, an agreement was signed between NWS Holdings Limited and Wenzhou Port Group to form a joint venture, Ningbao Wenzhou Zhuangyuan Ao New World International Terminals Company Limited to build and operate Phase One of Wenzhou Zhuangyuan Ao Terminals program. The project was located in Wenzhou City, Zhejiang Province. NWS Holdings Limited has 55% state of the project. The joint venture would provide terminal operations and other related services for 50 years till 2056. The size of the terminal was 563,000 square meters, length of berth was 682.6 meters, and handling capacity was 2.3 million tons. The project company had a registration capital of US$ 67.5 million. The total investment of the project was US$ 175 million.