# Huadong Heavy Machinery to invest $10B in port equipment base

Huadong Heavy Machinery (华东重机) plans to invest 10 billion yuan to build a high-end intelligent port equipment production base in Tongzhou Bay, Jiangsu province. The project will have an annual capacity of 200 intelligent rail-mounted gantry cranes and 24 intelligent lightweight ship-to-shore cranes.

- Type: Investment
- Announced: 2020-11-09
- Where: Tongzhou Bay, Jiangsu province, China
- Value: $1.51B (10.0B CNY)
- Status: announced
- Capacity: 200 intelligent rail-mounted gantry cranes and 24 intelligent lightweight ship-to-shore cranes per year
- Products: intelligent rail-mounted gantry cranes, intelligent lightweight ship-to-shore cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Huadong Heavy Machinery](https://endata.com/companies/17105.md)

## Sources

- [cititic.com](https://www.cititic.com/news/mm/1519287-20201109.htm), 2020-11-09: "为进一步扩大公司集装箱装卸设备业务的生产能力，公司拟与江苏省通州湾江海联动开发示范区管委会签署通州湾示范区产业发展协议试行"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.