Shanghai: The Dalian Port Group has signed an agreement with Dalian's Lvshunkou district government to jointly develop Yangtouwa and Double-Island Bay areas, reports China Knowledge.
Under this new agreement, Dalian Port Group, which operates China's largest crude oil port will increase its investment in the planning, construction, operation of Lvshunkou district. A new venture, named Dalian Double Island Investment and Development Co Ltd, will be established to expedite the construction of an integrated port project and an industrial zone nearby.
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