Yantai Rising Dragon International Container Terminals Ltd
Sector: Water Supply and Storage • Location: Shandong, China
Source: World Bank Group
ICTSI obtained a 60% stake in Yantai Rising Dragon International Container Terminals Ltd. (YRDICT), which formally took over operations of the Yantai Gangtong Container Terminal in Yantai City, Shandong province in April 2007 under a 30 year lease agreement. The takeover of the terminal came after ICTSI received regulatory approvals from the Chinese government, according to documents provided by I
- Status
- Prospective
- Sector
- Water Supply and Storage, Bridge, Government, Seaport
- Location
- Shandong, China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | ICTSI obtained a 60% stake in Yantai Rising Dragon International Container Terminals Ltd. (YRDICT), which formally took over operations of the Yantai Gangtong Container Terminal in Yantai City, Shandong province in April 2007 under a 30 year lease agreement. The takeover of the terminal came after ICTSI received regulatory approvals from the Chinese government, according to documents provided by ICTSI. The port has a capacity to process 0.9 million TEU per year. The total investment was 771.88 million Yuan (US$ 101.56 million). Tung Lung Yantai International Container Terminals Limited had two container berths and terminals shoreline 730 meters, the forefront of -14 meters water depth, completely closed the station's 240,000 square meters, storage 4,500 square meters. All types of professional equipment equipped with super-Panama-shore bridge six, tire-field Bridge 12. |
Original sector | Transport |
Budget |
Location
Country | China |
State | Shandong |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Water Supply and Storage, Bridge, Government, Seaport |
Article published date | 2023-02-20 |
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