Fixed asset investments in the port area of Hebei province reached 18.16 billion yuan, by November of this year, greatly exceeding the goal for the year, and putting it in first place among China’s coastal provinces, in investment. This is according to the provincial transportation department’s port and navigation registration bureau.
Hebei expects provincial spending on the port construction for all of 2012 to amount to more than 19 billion yuan.
In addition, during that 11-month period, Hebei’s port cargo-handling capacity hit 689 million tons, a year-on-year increase of 6.4 percent. The container-handling capacity reached 94,200 TEU (Twenty-foot Equivalent Unit). The port now has 31 shipping routes in both the domestic and export trade.
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