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Yantai Rising Dragon International Container Terminals Ltd

Sector: Water Supply and Storage • Location: China

Source: World Bank Group

Project
Active

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

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The project “Yantai Rising Dragon International Container Terminals Ltd” is an infrastructure initiative in the Water Supply and Storage sector, located in China. Taiyo aggregates data on it from World Bank Group.

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active

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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.

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High

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100%

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