The joint venture company also will have free access to the 2 million square kilometres sea area of China. There will be tremendous potential development opportunities in the future. The excellent natural features of the HuangLong port makes the construction work easy and low cost. This project has the strongest support from local government, fishing industry and local people. Interests will be paid every year.
Hainan island is at the same latitude as Hawaii.
Today China has 5 special economic provinces, the Hainan Province is the most special one. There are many special policies to benefit the foreigner investors, which are impossible in other provinces of China. Port is located at the northwest coast of the Hainan island. It is connected with the Haikou City, the Capital of the Hainan Island, by 59 miles Highway and Motorway. Large amounts of money have been lost on extra-tax and other expenses.