Chinese investors have cancelled their plans to build a large deep-water port in Sweden, according to a statement released by the municipality of Lysekil.
Chinese investors decided to cancel the project because of the negative attention it was receiving in the media and social media.
Hong Kong–based Sunbase International Holdings and China Communications Construction Group, a Chinese construction company, offered plans in mid-November 2017 to build a deep harbor in Lysekil in Western Sweden. The container port, located on the Atlantic coast, would have been the largest in the Nordic countries.
The decision to cancel plans means Lysekil will not go ahead with the port project.
