November 24, Dalian Port Group (DPG) signed a cooperation agreement on the Joint Development of Dandong Haiyanghong Port with the Dandong Municipal Government. Xing Liangzhong and Sun Hong from DPG, Dandong Party secretary Dai Yulin and Mayor of Dandong Zhao Liansheng attended the ceremony. On behalf of each party, Xing and Zhao signed the memorandum of cooperation; Sun Hong, general manager of DPG, and Hu Changli, president of Dandong Chengtou Co. Ltd., signed the Articles of Joint-Venture and Contribution Agreement.
Under the agreement, DPG and the Dandong Municipal Government will, with DandongHaiyanghongPort as an important strategic base, jointly establish Dandong Haiyanghong Investment and Development Co. Ltd. for the project. The Dandong Municipal Government will provide the port industry with policy support and increase input in government service and port construction to ensure its construction, operation and development.
With the support of the Dandong Municipal Government, North Yellow Sea Corp. of DPG has done a lot of preliminary technical preparation and confirmed conditions for the project s startup. The establishment of Dandong Haiyanghong Investment and Development Co. Ltd. marks a new stage of the development of Dagushan area and the construction of the port. DPG will increase investment and step up the project in order to put the port into use as soon as possible.
Dai Yulin also promised that they will support the development of DPG in Dandong with all their effort and provide good government services for them.
From: (SASAC) of Dalian Municipal Government
