Independent journal on economy and transport policy
06:35 GMT+1
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Agreement of HPH Trust with Chinese CEL in the within of the Belt and Road Initiative
It previews the development of intermodal activities and a logistics center
September 3, 2018
The terminalista group Hutchison Port Holdings Trust (HPH Trust) has signed an agreement for the development of two projects in the within of the Belt and Road Initiative with CCI Eurasia CCI Eurasia Land Bridge Logistics Development Co. (CEL), railway society that manages the main railway corridor southern Chinese who connects Chongqing, in China center-meridional, with the port of Qinzhou, in the province of Guangxi.
In particular, the understanding previews the realization of the "Southern Transport Corridor - Hong Kong-Chongqing Ocean-Rail Intermodal Corridor", intermodal connection with which shipments they will be realized for railway way from Chongqing to the harbour system of the Gulf of Beibu, in the province of Guangxi, that it is constituted by the ports of Beihai, Fangcheng and Qinzhou, and from here - through Hutchison Logistics, society integrally controlled from HPH Trust - to the container terminal Hongkong International Terminals (HIT) in the port of Hong Kong, that Trust is participated by the HPH, and therefore eventually exported in Asia, Americas and Australia.
Moreover the agreement previews that Hutchison Logistics with the HIT and to COSCO-HIT and Asian Container Terminals (ACT), the others two shareholders of the HIT, realizes to Hong Kong the logistics center Hong Kong International Cargo Distribution Centre.
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