The reporters learned from the Administrative Committee of the Harbor Economic Zone that the construction project of Tianjin marine engineering equipment manufacturing base has been completed. The project is invested by the Offshore Oil Engineering Co. Ltd. owned by China National Offshore Oil Corporation. The project has a planning area of 575,600 square meters, with coastline length of 1631 meters and a total investment of 4.5 billion yuan.
At present, the project has been completed and obtained the sea area permits. The project feasibility study report has been reviewed by the head office experts, and are under modification based on the opinion from the auditing center; land and dock safety and environmental assessment report is improving while navigation assessment has been completed. Other related reports are expected to organize the recent reviews; related work to project bidding is also being actively promoted while the land reclamation project is under the inspection procedure. After the completion of the project, it will become the third largest offshore oil engineering base of Offshore Oil Engineering Co., Ltd. with an annual output value of about 4 billion yuan and an annual production capacity (steel consumption) of about 45,000 tons, which will further promote the rapid development of marine economy.(By Wang Ning)