CMG plans network of ports, terminals
By Zhong Nan in Shanghai | China Daily | Updated: 2016-06-02 07:48
China Merchants Group said it plans to construct key infrastructure projects such as specialized marine terminals in countries along the Belt and Road Initiative - including Djibouti, Sri Lanka and Belarus - during the 13th Five-Year Plan (2016-20).
The Chinese conglomerate's Chairman Li Jianhong said on Wednesday the company will build a livestock wharf and liquefied natural gas terminal in the Port of Djibouti.
It is also constructing warehouses in Sri Lanka's Port of Colombo, as well as investing $152 million to build the first phase of a trade and logistics park in Belarus this year.
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