Independent journal on economy and transport policy
14:15 GMT+2
China Merchants takes stake in Fujian port
(Shipping Times)
July 27, 2000
Beijing-backed company will have operating control of terminal
By P T Bangsberg
A Chinese government-backed firm with a Singapore venture is expanding its mainland port operations by taking a 49 per cent stake in berth 3 at the Zhangzhou Economic Development Zone in south-eastern Fujian province.
China Merchants Holdings (Hongkong) Co Ltd will pay 117.6 ...... Read more on Shipping Times
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