China to invest in Dandong port expansion

27 October 2011 (Last Updated October 27th, 2011 18:30)

China’s Dandong Port Group is planning to invest 45bn yen ($7.1bn) over the next five years to expand the Dandong port, a key port on the North Korean border.

China's Dandong Port Group is planning to invest 45bn yen ($7.1bn) over the next five years to expand the Dandong port, a key port on the North Korean border.

Once the expansion is complete, Dandong port is expected to handle more than 100Mtpa of freight.

Currently, the port has 26 berths and handles 60Mtpa of freight.

The port is building ten grain, bulk cargoes and container berths and three 100,000t ore, petrochemical and bulk cargo terminals as well as reconstructing the four berths.