Hutchison Port Holdings (HPH), the container terminal arm of Hutchison Whompoa Ltd, said on Friday it will invest in a roll-on roll-off (ro-ro) vehicle transport terminal in Laem Chabang port in Thailand. The company did not disclose the investment amount of the joint venture, formed by an HPH-led consortium.
"Thailand is now the automotive manufacturing hub in south-east Asia and investing in this new ro-ro terminal is clearly in alignment with out business strategy," John Meredith, HPH's managing director, said in a statement.