On August 8, 2009, Justin Ma, Senior Partner at JC Master, was invited to participate in the Seminar on the Development of Jiangsu Coastal Areas and Industries Concerning Yangkou Port as well as the Conference of Releasing the Research Achievements on the Industrial Plan for Yangkou Port Development held together at the Great Hall of the People in Beijing.
Yangkou Port, located in Rudong County, Jiangsu Province, is one of the few deepwater ports in the China’s eastern costal areas that could be built to the size of 300,000 tons. The Development Plan for Coastal Areas in Jiangsu Province (“Development Plan”) discussed and passed by the meeting of the Standing Committee of the State Coucil in June, 2009 explicitly regards the coastal development in Jiangsu Province as the national strategy. The development of Yangkou Port has been incorporated into the Development Plan as the key element in the increase of the economy in the eastern China.
In the Conference, experts in attendance specializing in the fields of energy and petrochemicals discussed on the industrial plan for the development of Yangkou Port. Mr. Li Jin, Vice President of The Chinese People’s Political Consultative Conference was invited to the Conference and delivered an important speech. Media including People’s Daily, Xinhua News Agency, CCTV, Cable TV Hong Kong covered the Conference.
JC Master, as the Specific Legal Counsel for the PYI Corporation Limited which is major investor of the Yangkou Port, participated in the whole course of negotiation and document drafting covering the stages of project establishment, examination and approval, construction, operation, and etc. JC Master’s professional service won commendation and trust from the client.
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