Posted on September 22, 2022

Shanghai International Port Group is to spend CNY51.3 billion ($7.2 billion) to develop a new port and container terminal at Yangshan Deep Water Port in Zhejiang province in China.

The port will have seven 70,000-ton and 15 20,000-ton container berths. Construction work is scheduled to start at the end of October and finish within eight years maximum.

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