Construction begins on 151 projects for S China's Hainan free trade port

By CGTN

09:33:00, Sep. 15, 2020


On June 1, China released a master plan for the Hainan Free Trade Port.

South China's Hainan Province on Sunday started construction on a new batch of 151 projects, which are meant to advance the free trade port program.


With a total investment of 40.3 billion yuan (5.89 billion U.S. dollars), the projects include infrastructural facilities, first phase of an aircraft engine maintenance base in Haikou, the provincial capital, a high-end intelligent commodity manufacturing park in the Yangpu Economic Development Zone, and a yacht dock project in the tropical resort of Sanya.


By the end of this year, an investment of 8 billion yuan will be made in these projects.


On June 1, China released a master plan for the Hainan Free Trade Port, aiming to build the whole of Hainan Island into a globally influential high-level free trade port by the middle of the century.


Source(s): Xinhua News Agency

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