On the morning of February 15, Shandong Port Group held an event to celebrate the completion of key projects and the launch of new projects for its 2025 World-Class Port Cluster initiative in Qingdao. Shandong Port Group has 29 major projects in Qingdao, which covers projects completed in 2024, ongoing developments, and those set to begin in 2025. The total investment for these projects amounts to approximately 93.4 billion yuan ($13.2 billion). This includes 11 projects to be completed in 2024, with an investment of 10.182 billion yuan, three ongoing projects valued at 6.22 billion yuan, and 15 new projects planned for 2025, totaling 77 billion yuan.

 Since its inception, Shandong Port Group, a leader in China’s transportation sector, has been highlighting the pivotal role of Qingdao Port, taking solid steps to facilitate integration of ports across the province and making headway in competitiveness and comprehensive strength. The successful completion of these projects, along with new initiatives, will provide critical support in strengthening Qingdao Port as a key maritime hub. Qingdao Municipality will continue to collaborate with Shandong Port Group on the basis of mutual benefit to improve port and shipping infrastructure construction, help the modern shipping service sector to grow in size and strength, accelerate the development of the Qingdao International Shipping Center and create a world-class port cluster.  (Zhou Xiaofeng)

The second phase of the liquid chemicals storage project, which has begun operations in Dongjiakou Harbor District.