(DALIANNEWS)- The Port of Dalian has achieved a cooperative intention with China Forestry Group Corporation(CFGC) in recent days, planning to invest five billion yuan in constructing Liaoning Province CFGC Timber Industrial Park, which will occupy a total area of 2.5 square meters behind the Changxingdao Port.
After the construction, the project will achieve the annual trade volume of up to 50 billion yuan and annual tax of over 200 million yuan.
The project will also provide job opportunities to more than 3,000 people, according to the report.
The Port of Dalian has attracted project investment of over 11 billion yuan in total since the beginning of this year, further promoting the construction of the international shipping center and international logistics center in Dalian.
The Port of Dalian has a harbor area of 35.8 square kilometers currently, including Dayao Bay, Dalian Bay, Taiping Bay and Changxingdao, and the other 255 square meters harbor district are still under development at present.
The harbor of Dayaowan is the core of Dalian Area of China(Liaoning) Pilot Free Trade Zone, and its northern shore is also a dual core function area of Dalian International Shipping Center and the national level new district-Jinpu New Area, making the Port of Dalian an important carrier leading the regional industry to achieve opening-up and economic development.