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China Merchants Group

The Chinese corporation intends to implement in Primorye an investment project to create a city in the territory of one of the villages with a port, as reported by the press office of the regional administration.

“China Merchants Group, who is already involved in the development of the port of Zarubino, now plans to implement in the Territory a major investment project aimed at the development of one of the Primorye ports according to a special model created by company: “port – industrial park – city”. Now the corporation is engaged in a study of issues related to the lease of land, the creation of the necessary infrastructure, the hiring of manpower, and looks for a site for the project implementation. Investors have already visited the ports of Slavyanka, Zarubino and Posyet”, as stated in the press release.

It is assumed that all three stages – the development of the port terminal, the industrial park and the city – will be implemented simultaneously.

03 April 2017
RIA News
Investor
Primorye Region

Investor profile

China Merchants Group

China

Company's website: www.cmhk.com/en

T: 852 2542 8288

Public company

Contact: Mr. Xiaopeng Li Ph.D., President

The China Merchants Group Corporation is a Chinese state conglomerate, based in Hong Kong. The conglomerate implements investment projects all over the world in the field of energy, shipbuilding, financial services, development of urban real estate. The company is also the largest investor in Chinese toll roads. By the end of 2016, the total amount of the China Merchants Group’s capital was one trillion US dollars.

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