Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

China Merchants scores second Vietnam deal

Hong Kong: China Merchants Holdings International has bagged its second port deal in Vietnam.
CMHI will establish a $60m joit venture with local firm Sao Mai Ben Dinh Petroleum Investment to build a port complex spread over 163 ha in the Sao Mai-Ben Dinh area in Vung Tau Province in Vietnam.
CMHI will take a 65% share in the new venture. This follows the news earlier this year CMHI had formed a jv with Petrovietnam to develop an industrial port complex in Tien Giang Province. [24/10/08]


Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish