Hong Kong Group shares Belgian wharf 25%

The Shanghai International Port Group ("The Shang Gang"), which restarted the once stranded overseas takeover 4 years later, finally took the first step in making substantial investments – costing € 21.76 million (about 230 million yuan) to the Maersk Group for a 25% per cent stake in the Belgian Zeebrugge terminal.　　Become the second largest shareholder of the wharf company.　　In addition to investment shares, the Hong Kong group will also be stationed in this terminal company, including deputy general manager and other senior executives, and actually participate in the day-to-day operation of the terminal company. Previously, the Maersk Group's independent terminal operators APM owned a 100% per cent stake in the Belgian Zeebrugge Pier Company. Zeebrugge Port is one of 4 deepwater ports on the North Sea coast of continental Europe, the largest gas transshipment port and liquefied gas port in Europe, and the sixth largest container port in Europe.　　Zeebrugge Wharf is one of the container terminals in Chak Bruch port, which has a depth of 15.2 meters and a 900 m long line, and can withstand 22 standard container loading and unloading at the same time. Because the port industry is the United States and Europe and other countries pay close attention to sensitive industries, in the past one or two years, China's state-owned enterprises overseas acquisition of terminals Few successful cases, APM Asia-Pacific chief executive Guixin told the first financial daily reporter, the reason for the decision to transfer 25% of the equity to the Hong Kong　　On the one hand, we hope to introduce the successful experience of the Hong Kong group to the Zeebrugge Pier, on the other hand, we hope to attract more customers so that the pier can be further developed. It is noteworthy that, as early as 2006, the Hong Kong Group had signed a framework agreement with Maersk Group on the investment Zeebrugge Project, but was subsequently shelved due to the financial crisis. In this respect, "Mr Chen, president of the Hong Kong group told our correspondent, with the gradual retreat of the financial crisis, the entire port shipping industry, the fundamentals in the positive changes," at this time the main focus on investment is tomorrow and the future, our position on the Zeebrugge Wharf is the port of European container port, I hope to become one of the major hubs in Europe in the future. "Mr Chen revealed that the investment in Belgian Zeebrugge Wharf Company, is only the first step towards the internationalization strategy of the Hong Kong group, the group hopes to become a global terminal operator by continuing to implement domestic and foreign terminal investment and mergers and acquisitions.