On 3rd June, Jianjiang water supply project launched operation, which involved an investment of nearly 3.0 billion Yuan, and has a capacity of 280 million cube meters per year, marking the supplementary projects of Zhanjiang 10 million iron and steel base project having achieved great progress.
In March 2008, Zhanjiang Iron and Steel Base Project gained approval from State Council, and from then on the supplementary of project began.
Now Maoming to Zhanjiang part of Luozhan Railway Line has been listed in the key new projects in Guangdong, the design of branch line connecting the site of Zhanjiang Iron and Steel has been handed in to Ministry of Railways, and the branch line will be construct the same time as the project. Zhanjiang Longteng Logistic Project launched construction in 2007, and phase one will be completed in March 2009, including oxygenated pellet project, raw material yard, wharf and the common facilities.
Zhanjiang Iron and Steel Project will be constructed by Baosteel, Shaogang and Guanggang, and is scheduled to be completed by the end of 2011. The project has a planned investment of 69.6 billion Yuan in total, and has an annual capacity of 10 million tons, and the main products are high grade steel products which are in tight supply in China.
