China to bust Yangtze River chokepoint with US$11 billion ‘water staircase’ project

AI Summary

China has commenced construction of an $11.4 billion infrastructure project on the Yangtze River near the Three Gorges Dam. The project includes mega ship locks designed to enhance navigation for larger vessels and improve logistics on this critical waterway over nearly a decade.

Eyeing massive new shipping facilities near the Three Gorges dam, China has formally begun construction on an ambitious project to enable the passage of larger vessels and streamline logistics along the nation’s most critical waterway. The centrepiece of the planned 77.2 billion yuan (US$11.4 billion) infrastructure buildout, which looks to span nearly a decade, is a series of mega ship locks – colossal structures also known as “water elevators” or “water staircases” that are built into a...