Tianjin plans to build a multi-purpose, modernized fishing port on the Bohai Bay Rim, according to the administration of Tianjin's Binhai new development zone.

The facility will be built in Hangu District of Tianjin. The project will be divided into two phases and be completed in two years.

The first phase, with an estimated cost of 420 million yuan (US$50.6 million), will include river dredging and construction of embankments, roads and 10 specialized wharves.

When the new port opens, it will not only meet the needs of Tianjin and neighboring cities, but also serve as the leading aquatic product collecting and distributing center in north China.

Operation of the new fishing port will enable Tianjin to promote modern processing and logistic industries and develop deep-sea fishing following large catches at the Bohai Bay Rim over the past few years.

(Xinhua News Agency March 6, 2005)