Chongqing (China) seeks investors for $568m
Officials from Chongqing in southwest China are seeking investors for Yuan4.2bn ($568m) worth of port and logistics-related projects. This comes amid concern that falling water levels on the Yangtze river are a serious impediment to shipping, writes Keith Wallis in Hong Kong.
The Chongqing Port Logistics Group is hoping to attract investors for nine schemes including the Cuntain logistics centre, Changshou chemical terminal and Chongqing railway container logistics park.
Details will be given at a conference next month by the group’s port development vice-president Jiang Yijun and commodities trading vice-president Xu Liangzhu.
The Yangtze is crucial to Chongqing’s ambition to become a regional hub, the capital of China’s west. Modernising not just the lower reaches but the whole of the navigable Yangtze is so important for Chongqing.
The Chongqing Port Logistics Group is hoping to attract investors for nine schemes including the Cuntain logistics centre, Changshou chemical terminal and Chongqing railway container logistics park.
Details will be given at a conference next month by the group’s port development vice-president Jiang Yijun and commodities trading vice-president Xu Liangzhu.
The Yangtze is crucial to Chongqing’s ambition to become a regional hub, the capital of China’s west. Modernising not just the lower reaches but the whole of the navigable Yangtze is so important for Chongqing.
