S. Korea to Invest 42 tln Won to Boost Cargo Handling Capacity

SEJONG, Aug. 1 (Korea Bizwire) – South Korea on Thursday unveiled a plan to inject 41.8 trillion won (US$35.2 billion) by 2040 to boost the country’s cargo-handling capacity at 12 ports across the country The investment would increase the capacity to 1.85 billion tons per year in 2040 from the 1.32 billion tons in 2017, [...]