The shipyard will have the designed capacity to repair 206 ships and build new ships with a total volume of 2 million dead weight tons (dwt) annually.

Covering an area of 260 hectares, the shipyard is equipped with two deep-water wharves, each 4,000 meters in length, with the capacity to accommodate six 300,000-dwt vessels, two ship repair yards and two ship-making yards.

The total cost of the shipyard is estimated at 400 million yuan (US$48 million). The repair yards will be completed by October this year, while the entire shipyard is scheduled to begin operations by 2004.

(Xinhua News Agency September 3, 2002)