Beibu Gulf Port (SHE:000582) is planning to invest 1.89 billion yuan to build the first phase of the river-sea transport terminal project.
The company is planning to build six 10,000-ton bulk cargo berths in the fourth operating area of the Fangchenggang Yuqiao Port, with a designed annual throughput of 19 million tons, according to a Dec. 14 filing with the Shenzhen bourse.
The construction period is about 30 months.
Shares of the port services provider climbed less than 1% in recent trade.
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