Fangcheng Port Project

Details

Project	TBD
Related Projects	Search
Type	Loan
Sector	Transport
Country	PRC
Start	1996
End	2001
Status	Closed
Last Edited	05 Jul 2021

Funding

US$('000) 135,000

Project Description

The Fangcheng Port Project-s rationale was to promote the economic growth of the poor areas of Guangxi Zhuang Autonomous Region (GZAR) as well as the western region of the PRC by addressing transport constraints through increased port capacity, modernized operations, and improved transport linkages to the hinterland of Fangcheng Port.1 The Project aimed to remove physical constraints on the growth of foreign and domestic trades, and to enhance cost recovery. The scope of the Project included (i) a port component for $32.0 million to construct a one-berth container terminal and a one-berth bulk cargo terminal at Fangcheng Port; (ii) a highway component for $20.0 million to construct a 20-kilometer (km) stretch of the 45 km two-lane port access expressway connecting the port with Nanning by way of Natan; and (iii) support for policy reforms in port pricing, management efficiency and autonomy, human resources development, and strengthening of port and highway planning institutions, construction, and operation and maintenance.

Progress (as of March 2021)

Project closed

Contacts

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Contact 2
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Full operation of the project component has increased the Fangcheng Port-s assurance to 90% for the vessels up to 30,000 deadweight tons to navigate the approach channel, reduced the average ship dwell time at the port from 3.2 days to 2.5 days, and reduced the average thousand-ton cargo handling time from 0.18 days to 0.13 days.
The population of the surrounding port districts increased from 770,000 in 2000 to over 780,000 in 2001, while passengers visiting the districts for work or leisure increased by 200,000 in 2001 compared with the previous year. More than seven joint ventures have also been established with domestic and foreign partners.