Group CMHI of Hong Kong will acquire the 25% of the society that manages the port African of Djibouti

Some days before the terminalista group China Merchants Holdings (International) Co. (CMHI) of Hong Kong, through the society integrally controlled Lowers Merchants Holdings (Djibouti) FZE, has tightened an agreement in order to acquire from the Djbouti Ports & Free Zones Authority (DPFZA) the 25% of the capital stock of Port de Djibouti KNOWS (PDSA), the society that manages the port African of Djibouti, for 185 million dollars. PDSA is the private society in which the harbour authority public Port International de Djibouti (PAID is transformed Independent).

By the june the 2000 port of Djibouti was operated by the terminalista group DP World of Dubay within a contract of concession of the duration 20-year-old that but is finished in July 2011 as a result of the reorganization of the management of the port African. With the acquisition of the quota group CMHI will participate to the management of the multipurpose terminal of the port of Djibouti, to the management of the container Doraleh terminal Container Terminal, that it is participated with the 66.66% from the PAID and the 33.33% from the DP World group, and will participate also to the Djibouti Dry Port FZCO through the quota the stopped 23.10% from the government of Djibouti in the society.

"This acquisition - the CMHI president has commented, Was Yuning - not only offers to the group another interesting opportunity in order to establish own presence in East Africa, but also, with the precedence investments in West Africa, that is Lagos in Nigeria and Lomé in the Togo, in order to strengthen the positioning of the group in the market African who acquires value more and more. - It has added Yuning - moreover integral and one comes true synergies in terms of ability to service for international the marine industry that the container terminal of the group currently about to realization to Columbus".

Some days before CMHI has signed also an agreement with China Nanshan Development (Group) Inc. in order to acquire, through the society integrally controlled Shenzhen Malai Warehouse Co., the 25% of the capital stock of the Shenzhen Chiwan Wharf Holdings Ltd. (SZCWH) for 1,787 billion yuan (283 million dollars). With the transaction, group CMHI, than already stops quotas pairs to the 9% and the 33% in the SZCWH through respective the Keen Field Enterprises Llt. and the Nanshan Group, will increase own participation to the 67% approximately having become the greater shareholder of the Chinese society, that it manages a container terminal in the harbour area of Chiwan of the port of Shenzhen.