THE Dongjiakou port area has become the first port in Shandong Province to be selected as a national-level logistics base. The port has integrated various resources and used such natural advantages as its land area. The port is building three trading platforms for minerals, gas and coal. More than 30 billion yuan has been invested on the mineral-trading platform. The gas-trading platform has attracted more than 30 billion yuan in investment, which came from leading enterprises such as Sinopec. Over 10 billion yuan has been put into the coal-trading platform. In addition, the port has been actively introducing enterprises with advantages in capital, network, information and human resources. A 1-billion-yuan logistics project is scheduled to be located in the port. The port is home to 19 projects worth more than 70 billion yuan. Approved by the National Development and Reform Commission, construction on the port began in June 2009, and will eventually be built into a key part of Qingdao Port with an annual capacity of 370 million tons. The annual capacity of the port is expected to reach more than 100 million tons by 2020. (Li Hao, Yu Feng) |