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Hutchinson Port Holdings Trust establishes JV with Shenzhen Yantian Port Group to develop Yantian East Port Phase 1

Felicia Tan
Felicia Tan • 3 min read
Hutchinson Port Holdings Trust establishes JV with Shenzhen Yantian Port Group to develop Yantian East Port Phase 1
The development fee payable to HPH Trust's trustee-manager is currently estimated to be around US$15.2 million.
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The trustee-manager of Hutchinson Port Holdings Trust (HPH Trust) has entered into a joint venture agreement (JVA) with Shenzhen Yantian Port Group Company on June 1.

The agreement was signed by HPH Trust’s 79.45%-owned indirect subsidiary, Hutchinson Ports Yantian Limited.

Under the JVA, HPH Trust will establish a 50-50 joint venture (JV) with Shenzhen Yantian.

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