China and Singapore Jointly Constructing the Beibu Gulf Qinzhou Port

China and Singapore Jointly Constructing the Beibu Gulf Qinzhou Port

The best immigration information regarding the joint construction of the Beibu Gulf Qinzhou Port by China and Singapore can be found on the Worldway Investment Immigration official website.

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Singapore Immigration looks at Singapore: To implement the national Belt and Road strategy, the People's Government of Qinzhou City and Guangxi Beibu Gulf International Port Group will collaborate with PSA International and Pacific International Lines (PIL) in areas such as port berths, infrastructure, and industrial projects. Currently, three cooperation projects have been confirmed, namely the Qinzhou City Dalanping Berth Project No. 3-6, the CFS (Container Freight Station) project, and the container manufacturing plant project.

Singapore

A person close to the Guangxi Beibu Gulf International Port Group stated that the Beibu Gulf Port Group will leverage the "Belt and Road" strategy to actively initiate the introduction of foreign strategic investors.

In September last year, during the 11th China-ASEAN Expo held in Nanning, Guangxi, Pacific International Lines and PSA International signed memorandums of understanding with Guangxi Beibu Gulf International Port Group to deepen bilateral cooperation in port-related fields, such as port construction and operation, integrated logistics systems, logistics, and real estate.

Now, with the emergence of the Qinzhou Port Dalanping Berth Project, it signifies that under the national "Belt and Road" strategy, the project cooperation between the People's Government of Qinzhou City, Guangxi Beibu Gulf International Port Group, PSA International, and Pacific International Lines is accelerating.

According to reports, the Dalanping Berth Project is scheduled to establish a joint venture in August and officially commence operations in October; the CFS (Container Freight Station) and container manufacturing plant projects are expected to complete preliminary work by the end of August and begin construction in October.

Pacific International Lines is the largest container shipping company in Southeast Asia, operating over 50 routes globally, and currently has 24 branches in China, with businesses covering container manufacturing, yards, terminals, and land logistics services. PSA International is one of the largest container terminal operators in the world, headquartered in Singapore and owned by Temasek Holdings.

Guangxi Beibu Gulf International Port Group is a large state-owned enterprise directly under the Guangxi Zhuang Autonomous Region government, comprising the ports of Fangchenggang, Qinzhou, Beihai, and Kuantan in Malaysia. The strategic positioning of Guangxi Beibu Gulf Port is to create a regional comprehensive hub port and container trunk port connecting the southwestern inland and radiating to Southeast Asia.

In fact, to align with the national "Belt and Road" strategy, Qinzhou City is actively promoting the maritime shuttle bus project between China and ASEAN, in conjunction with the construction of the China-ASEAN Port Cooperation Network.

Wang Xiongchang, Executive Deputy Director of the Management Committee of the Qinzhou Bonded Port Area, stated, "The maritime shuttle bus project will greatly enhance efficiency and significantly reduce time costs for enterprises. Currently, we have packaged this project into the platform of the China-ASEAN Port and City Cooperation Network and submitted applications to the Ministry of Foreign Affairs and the Ministry of Finance earlier this year. Due to the need for local coordination and various inter-country relations, it is estimated that it will take time to successfully initiate the project."

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