|

Jiangsu Guoxin Investment Group Limited executives pay a visit to Yangkou Port in Rudong county, Nantong city on April 21. [Photo/WeChat account: rudongfb]

A delegation from Jiangsu Guoxin Investment Group Limited, led by its Chairman Xie Zhengyi, visited Yangkou Port in Rudong county – administered by Nantong city in East China's Jiangsu province – on April 21.

The delegation went to the Yangguang Island Planning Exhibition Hall at the port and received a briefing on the surrounding port industrial zone, plans to develop it further, the location of resident companies and the various functions and facilities there.

Yangkou Port has been focusing on developing itself as an industrial port and an energy hub in recent years. Its clean energy industry – led by LNG shipments and unloading, storage and transportation – is reportedly expanding.

Jiangsu Guoxin Investment Group has invested in several projects in Rudong. They include the Jiangsu LNG storage and transportation project, with a total investment of 5.2 billion yuan ($800.3 million), whose first phase has begun construction at Yangkou Port.

The project includes three 200,000-cubic-meter LNG storage tanks and support facilities and equipment, which will handle an estimated 2.95 million tons of LNG annually.

Chairman Xie Zhengyi praised the development of Yangkou Port in recent years, during the visit.

He said that Yangkou Port's development goal of building an energy hub was highly consistent with the development strategy of Guoxin Investment Group and as a result the company plans to further expand its involvement in the area.