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2006 October 2   08:46

Eurogate eyes Shenzhen port investment opportunities

EUROPE's largest container port operator Eurogate has revealed it is interested in investing in China's Port of Shenzhen.

Emanuel Schiffer, president of the Germany-headquartered container operator, was cited in a Xinhua report as saying that Eurogate is looking for mainland China partners and is waiting for the right to time to have talks with domestic companies on ways to co-operate at the Port of Shenzhen.

"Shenzhen's port and logistics industry is undergoing astonishingly fast development. We are confident about the prospect of this market," said Mr Schiffer during a recent visit to Shanghai.

Eurogate owns nine container terminals in ports across Europe.

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