Zhanjiang invests billions into project development
Zhanjiang will invest 46 billion yuan ($6.79 billion) to advance 148 key projects this year in accordance with the 5th Session of the 14th Zhanjiang Municipal People's Congress.
Top priority will be given to BASF's $10 billion Verbund chemical complex project on Donghai Island. Preparatory work is currently underway to make sure construction on the first phase of the project can begin as soon as possible.
Meanwhile, the Sino-Kuwaiti refinery and petrochemical complex on the island, known as one of the largest projects of its kind in China, is expected to begin operating by the end of 2019.
Construction site of the Sino-Kuwaiti refinery and petrochemical project in Zhanjiang. [Photo/Zhanjiang Daily]
Zhanjiang will also begin construction on the Nansan Island Bridge and Hepu-Zhanjiang High-Speed Railway, while expanding the shipping lane for vessels with capacity of 300,000 tons at Zhanjiang Port. Work on the Yulin-Zhanjiang, Donghai Island-Leizhou, and Shantou-Zhanjiang expressways will be accelerated as well.
Preliminary work on the Zhanjiang-Hai'an High-Speed Railway and the Guangdong Coastal Highway's Zhanjiang section will also be pushed forward.
In terms of energy, Zhanjiang will focus on the development of the Wushi 17-2 oilfields and the Xinliao offshore wind power project. Construction on the Datang International Power Plant in Leizhou is expected to be completed this year.
Construction on the Datang International Power Plant in Leizhou is expected to be completed in 2019. [Photo/Zhanjiang Daily]
Other projects, including the OCT Harbor, Big Huguangyan Scenic Spot, and Guangdong Southern Marine Science & Engineering Laboratory (Zhanjiang), are also high on the agenda.