December 02, 2008

HK government to go ahead with CT10

It is reported that Hong Kong government has decided to go ahead with its plan to build a 10th container terminal in southwest Tsing Yi.

As per report there has been strong industry opposition to the building of the terminal with more container traffic moving to cheaper mainland ports, but a government study said that Hong Kong will need Container Terminal 10 by 2015.

Southwest Tsing Yi has been chosen as the site for the new terminal over northern Lantau for environmental reasons.

Hong Kong's container throughput has grown by an average of three per cent a year in the past three years and reached a high of 24 million TEUs last year.