Construction of Shanghai's international water transport center is undergoing in Yangshan, southeast to Shanghai's Nanhui district.
An investment of 3.45 billion yuan (US$417 million) has been earmarked for the Yangshan Deep-water Port since last June when it broke ground.
The first stage construction is expected to be completed and put in service by the end of 2005.
(eastday.com. July 11, 2003)