Hutchison Port agrees to Yantian land expropriation
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Hutchison Port Holdings has agreed to a land expropriation deal with Yantian International Container Terminals for the redevelopment of land between Pinghu South and Yantian Port stations in Shenzhen. The Shenzhen Municipal Government initiated the expropriation of an additional 7,775 square meters owned by YICT. The land is currently unused, and compensation will be paid in one tranche.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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