ACT Gets Loan For Hong Kong Terminal Construction

Monday, January 31, 2000

Asia Container Terminals Ltd. (ACT) has signed a $437 million project financing agreement backing the construction and development of Container Terminal 9 at Tsing Yi Island in Hong Kong, according to company officials. The signing of the loan agreement has added significance because it is the first project financing completed in Hong Kong since the Asian financial crisis, an officials said.

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