It says about the issuance of a new bidding project: to construct a special ship development support facility, a heavy construction project in the Changxing Island, Shanghai, that is JNCX Shipyard... the construction area is as large as nearly 20,000 sq. meters which includes: 1) the new heavy assembly platform; 2) the new transitional road; 3) new crane rail; 4) the new vertical trench; 5) new mobile shelter base
Total investment of project (the whole new project incl. this part): around 4,856 millions RMB;
construction cost of bid section: around 143 millions RMB; project duration: 6 months
The 2nd project at that site/for the same company at below says:
The construction scale of the project new construction area of 2,467 square meters, including: 1) new steel pretreatment workshop; 2) new paint base; 3) new hazardous waste warehouse; 4) new hazardous waste storage shed; 5) new waste yard.
construction cost of bid section: around 17 millions RMB
project duration: 4 months
Noticing the figures?
These two projects are valued at more or less 143 & 17 mio respectively while the shipbuilder company has allocated fund as much as 4,856 millions RMB to build various new facilities there... means there are many more to construct at that site, the Changxing Island!!
Key message: the JNCX Shipyard is flourishing, has deep pocket, keep on building new facilities, thus one may expect that with more and better facilities, more new ships will come out at faster rate (as well as better quality)