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HomeMaritime NewsRegionsAsiaAPM Terminals eyes $510m investment in China port

APM Terminals eyes $510m investment in China port

APM Terminals eyes $510m investment in China port
Copenhagen: APM Terminals, the ports arm of AP Moller-Maersk Group, is hoping to sign more than DKK3bn ($510m) of investment deal on a new container terminal in China, news reports said.

Michael Storgaard, Maersk spokesman, announced the potential investment during a visit by China's president Hu Jintao to Denmark from 14 to 16 June. He added that further details of the investment will be released very soon.

“We expect to sign a deal regarding an investment of over DKK3bn in a new port in China,” Storgaard was quoted saying.

TAGS: China
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