Independent journal on economy and transport policy
06:32 GMT+1
This page has been automatically translated by Original news
Fusion of the management of the Chinese ports of Dalian and Yingkou
Merchants Group lowers will invest in the society to which the management will be delegated and of it will have the control
June 14, 2017
The Chinese ports of Dalian and Yingkou, situated both in the province of the Liaoning, will be placed under the same management. Dalian Port (PDA) Co., the society that manages the port of Dalian, in fact has announced that its shareholder of control Dalian Port Corporation Ltd. (PDA) is informed by the provincial government of the Liaoning that this last one has tightened an agreement with the group Lowers Merchants Group (CMG) of Hong Kong, than work in the harbour field mainly through the controlled one Merchants Holdings (International) Co Lowers. (CMHI), based on which the parts will cooperate in order to institute the operating platform Liaoning Port Group for the management of the ports of the Chinese province.
The new Liaoning Port Group will be instituted on the base of PDA and the Yingkou Port Group Corp., the public society that manages the port of Yingkou. Moreover the government of an investment of group CMG in the Liaoning Port Group the promuoverà Liaoning, that it will be instituted within the end of this year and in which, within 2018, will be capacity to term integration of the activities of management of the ports of the Chinese province.
The understanding previews that CMG will have the task to manage the Liaoning Port Group and to promote the reorganization of the activities and the organizational structures of the ports that will fall back under the jurisdiction of the new society.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher