Greater China

Zhuhai Port applies for RMB200m credit to expand logistics business

Guangzhou: Zhuhai Port Holdings (ZPH) announced that the board has decided to apply for an one-year credit facility of RMB200m from China CITIC Bank to expand the business of its full subsidiary Zhuhai Port Logistics Development Co.

ZPH said Zhuhai Port Logistics Development is an important platform for the company’s port logistics operations, and it is in the process of transforming its businesses. The credit facility will support the subsidiary to expand its business. [10/03/14]

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