DP World wins Qingdao concession
Dubai Ports World has reportedly won regulatory approval to build a 3.48-billion-yuan ($448 million) container terminal at the Port of Qingdao, located in North China.
The project is said to include five berths that will be able to handle 2.2 million TEUs each year at China's third-largest port in the Shandong province.
The Dubai-state owned company hasn't made an official statement.
