Shenzhen Yantian Port Group and Hutchison Port Holdings have signed a Heads of Agreement for the joint construction and development of the Shenzhen Yantian East Port Phase I Container Terminal Project (East Port Phase I) at Yantian Port.
The East Port Phase I Project will cover a total area of 138.56 hectares. It will also have a total quay length of 1,442 metres split between four deepwater berths: two 6,600TEU berths and two 9,500TEU berths. A joint team will soon be assembled to carry out preparation work for the construction of this phase. In order to optimize the use of resources and lower operational costs, Yantian International Container Terminals (YICT) will manage East Port Phase I along with existing facilities at West Port, Phases I, II, and III, and the Expansion Project of Yantian Port. The signing of the HoA was celebrated at a ceremony attended by Guests of Honour Xu Zongheng, Mayor of Shenzhen, and Vice-Mayor Zhang Siping. Representatives from YPG and HPH also attended.
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