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2008 December 4   13:25

Hutchison to invest in new Shenzhen container berths

Shenzhen Yantian Port Group said on Thursday Hutchison Whampoa Ltd (, the world's biggest container terminal operator, had agreed to invest in a container terminal in the city's Yantian East area.
The Yantian East phase I will have an area of 1.38 million square metres and can develop four container berths to handle ships of up to 100,000 tonnes, it said in a statement.
Hutchison will have 53 percent of the project and Yantian Port will own the remaining 47 percent.

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