Chinese port launched

THE launch of the redevelopment of Qingdao International Cruise Terminal Area was held at Qingdao Port (pictured) on Sat, located in the eastern province of Shandong.

The People’s Government of Qingdao has signed a cooperation agreement with Shandong Port Group for 10 billion Yuan (A$ 2.2893 billion).

The Government also inked contracts with a number of partners for 14 industrial projects in the area, equalling a total investment of 31.35 billion yuan (A$7.21 billion).

Set to be the “core zone” of the ‘China (Qingdao) Pilot Zone for Development of Cruise Tourism’ the cruise aspects of the development will feature the Shanghaifang zone, for “high-end cruise services”, as well as the Tanhaifang & Tonghaifang zones for ocean exploration and ocean-related innovation respectively.

Also set to feature at the new site are a retail area, the Lehaifang zone, and the residential Juhaifang zone.

Occurring under the country’s Belt and Road Initiative, the development will total nine kilometres of shoreline and 4.2-square kilometres of land area, with a total planned construction area of 5.39 million square meters.

The ceremony was attended by Standing Committee of CPC Shandong Committee member & Secretary of CPC Qingdao Committee Wang Qingxian, Qingdao Mayor Meng Fanli and CPC Committee Secretary & Shandong Port Group Chairman Huo Gaoyuan, as well as more than 100 construction workers, preparing to break ground.

The city mentioned the transformation and renovation of the area “will play a part in the upgrading and development of the city’s historic urban zones”, and is a significant focus on the city’s goal of building international cooperation.