The Haiyang Port Area Project in Port of Yantai is invested by Haiyang Harbor City Port Construction and Development Co., Ltd. with a total investment of CNY 15.7 billion. An investment of CNY 597 million has been made for Phase 1 while another CNY 3.167 billion will be invested for Phase 2. 

Haiyang Port Area is located in the coastal area south of the Shandong Peninsula, being a main coastal port of China and a critical hub in the national comprehensive transport system. The entire port area includes three port pools (east, middle and west) and three jetties (east, middle and west)j. the planned coastal line of wharf is 15.5km, containing a total land area of 29km2, capable of accommodating 55 berths, realizing an annual throughput of 65,000,000 tons, 3,000,000 standard containers, 400,000 vehicle·times and 100,000 person·times. 

According to the time schedule, Phase 2 will be completed by 2020, mainly including Phase 1 of the Supportive Service Area which requires 86 hectares land reclamation and a total building area of 4,300,000m2; the breakwater works totally 8,719m in length; two 50,000t general berths with designed annual throughput of 4,620,000 tons; a 50,000t channel project including 10.8km channels.