CCCC Bags Shantou Port Deal
- Business & Finance
CCCC Guangzhou Dredging Co. has been awarded a major contract for the construction of container terminal in the Guang’ao zone of the Shantou Port.
In late September, CCCC signed this $205 million worth deal with Shantou Port Group for the Phase Two of the 100,000t container terminal in the Guang’ao.
According to the CCCC release, the project will involve construction of two 100,000t container berths and one 10,000t container berth. The proposed terminal will be 1,016 meters long with a depth of -15.6 meters.
After its completion, the project will further enhance the navigation capacity and the competitiveness of Shantou Port, meeting the need of east Guangdong for the continuous and fast growth of container handling capacity.