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Nansha Terminal in south China's Guangzhou Port, after only one-year's of operation, will see a container throughput of one million TEU (twenty-foot equivalent units) by the end of 2005, according to the Guangzhou Port Group Wednesday.
The terminal, located in the "golden triangle" of Guangzhou, Hong Kong and Macau, specializes in container transportation.
In the January-October period, container throughput of Nansha Terminal reached 770,000 TEU, accounting for 30.9 percent of the total of Guangzhou Port Group.
According to Wu Yukun, vice president and chief engineer of Guangzhou Port Group, the group has taken the construction of Nansha Port as its key project, with a total investment of 2.374 billion yuan in 2004 and 2.582 billion yuan in 2005.
In the next two years, Nansha Terminal will build six more 50,000 tons of berths with a estimated investment of four billion yuan, he said.
"After all these projects are finished, Guangzhou Port will transport more containers," Wu said.
In 2004, the throughput of Guangzhou Port reached 215 million tons, up 25.2 year-on-year, while that of containers was only 3.3 million tons, up 19 percent.
In the first 10 months of 2005, the throughput of Guangzhou Port reached 195.56 million tons, up 12.9 year-on-year, while that of containers was 3.72 million tons with an increase of 41.2 percent.
(Xinhua News Agency November 16, 2005)
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