WASHINGTON: China’s Jiangsu province government has proposed to establish a port group to integrate all the port assets in the region. The move aims to optimize the operational efficiency of the ports in the province. Jiangsu has two listed port companies, Lianyungang Port and Nanjing Port, and a number of river ports including Suzhou Port, Nantong Port and Zhenjiang Port.
The ports in Jiangsu completed a combined cargo volume of 2.33bn tons in 2015. In 2015, Zhejiang government established a new entity named Zhejiang Port Investment Operation Group, which has become the operating platform for port assets in Zhejiang.
