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Has the Nanhai New Port Project in Weihai stopped?

Construction of Nanhai New Port Project in Weihai was stopped. The Sunac Nanwan project in Nanhai New District of Weihai was suspended due to insufficient funds. Sunac Special Class will continue to supervise and follow up the project construction and resume work in September 2022. Sunac Special Class coordinates the bank to pay the supervision funds to the construction party and resume work as soon as possible.