Weihai Port Group Co., Ltd. is a large state-owned enterprise, which is directly under the administration of Weihai City Government. It has 4 stock holding sub-companies and 5 stock sharing sub-companies, responsible for the construction, operation, and development of Weihai port. In 2007, Weihai port achieved the revenue of 220,000,000 RMB, with total asset of over 1,300,000,000 RMB.

Cooperation Mode
Wholly funded locally, Joint Venture or other collaboration is negotiable.

INTRODUCTION OF PROJECT ONE
The logistics-park is programmed to cover an area of over 3 million square meters, characterised as the multi-mode transportation including highway, railway, and ocean freight. The park is to be engaged in these service functions comprising of storage, package, processing, distribution, sorting, loading & unloading, tally, and so on. It is planned that Phase I will be located at WENQUAN Town and Phase II will be located at CAOMIAOZI Town of Weihai City. Phase I and II will cover the area of 1.3 million square meters and 2 million

square meters respectively. The park is targeted as one modern and international logistics park with information technology as the core competence and supported by other capabilities including containerisation, stevedorage, distribution, automatic storage, warehouse control, package, etc.

As per the cargo type, the park will be divided into these sections such as the tyre area, the machinery & electronics area, the fishing tackles area, the aquatic products area, the garments area, the conventional area, and so on. The tyre area, which is mainly served for Triangle Tyre, will account for 20% of the whole park, while the machinery & electronics area 15%, the fishing tackles area 10&, the aquatic products area 10%, the garments area 20%, and the conventional area 20%.

The total investment will be 3 billion RMB, used to construct the logistics-park, and to set up the logistics enterprises.

INTRODUCTION OF PROJECT TWO
Two ore terminals of the sizes 250,000 DWT and 150,000 DWT will be constructed at the north side of the planned 300,000 DWT oil terminal. The storage yard at the back of the ore terminals will be over 300,000 square meters, with the annual throughput capacity over 40,000,000 tons.

The ore terminals are 20 km away from Weihai City center. The original land is flat and plain, which can ensure a safe and reliable project at a low building cost but at a high construction speed. The inner port railway has been set up, and has been connected with national highway network, which offers a fast and convenient through transportation system.

SCALE OF THE PROJECT
Two terminals - 250,000 DWT and 150,000 DWT, which are exclusively used for the ore.

INTRODUCTION OF PROJECT THREE
Weihai City lies in the east of Shandong Peninsula, guards the throat of Bohai Sea against Liaodong Peninsula with a sea in-between, directly faces Bohai Sea and Yellow Sea, and can get access to other ports of the world easily and conveniently by sea. As an important port in North China, Weihai port has a long history, and is close to the international major sea route. It is a natural deep water port, not sludgy and not frozen through the year. In the east of the new port area of Weihai port, the coastline is about 5 km long, and the natural water depth is about -20 m, with the maximum depth at -24 m when off shore 100-200 m. The water depth within the sea route can reach -15.4 m. It is quite fit to build the large and open berths, like a couple of 200,000-300,000 DWT oil berths and several 50,000-100,000 DWT berths as planned. The backside of the coastline is low hills, whose geological condition is stable, and it is planned to build a 25 km2 of park alongside the port, including a 5 km2 of oil tank base whose storage capacity will be 10 million m3. This area is 20 km away from the city center, smooth and flat, which can ensure a safe and reliable project at a low building cost but at a high construction speed. The inner port railway has been set up, and has been connected with national highway network, and is planned to be connected further with the oil tank base, which will constitute a fast and convenient through transportation system.

SCALE OF THE PROJECT
To set up an oil tank base with capacity of 10 million m3, and to set up the accessory terminal infrastructure.

Time frame for venture/co-operation
To begin within 12 months

Response needed by
01/08/2008

Language to respond in
Chinese /English

Company or Organisation Details
Number of Employees
500+

Is potential partner already dealing with other firms?
1

Overseas Company Contact Details
Mr Tong Zongling
Shandong Weihai Port Group
53 Haibin Road
Weihai
China
Telephone:86 631 5166696
Email:tzl@weihai.gov.cn

UK Trade & Investment Contact: vivian.hou@fco.gov.uk
Source UKTI