Ningbo Zhoushan Port (601018.SH) plans to invest 6.5 billion yuan in the first phase of the construction of the Fodu operation area in the Liuhe Port Area of Ningbo Zhoushan Port.

Ningbo Zhoushan Port (601018.SH) announced that the company plans to invest in the construction of the first phase project of the Fodu operation area in the sixth berth area of Ningbo Zhoushan Port. The estimated investment for this project is approximately 6.5 billion yuan. The project is located on the northwest side of Fodu Island in the Sixth Berth area of Zhoushan City. It is planned to build 2 200,000 ton-class container ship berths, capable of accommodating container ships up to 24,000 TEU. The water works are designed for 32,000 TEU container ships, with a design annual throughput of 2 million TEU and a design annual throughput capacity of 2 million TEU.