Chinese holding Hutchison Ports receives credit to enlarge Barcelona port

From http://www.expansion.com/2011/09/08/catalunya/1315477340.html (in Spanish)

Chinese holding Hutchison Port Holdings (HPH), owner of the shipping & logistics company Terminal Catalunya S.A. (TerCat), has obtained a credit of 280 million euros to finance the first phase of the enlargment of the Prat pier container terminal, within the Barcelona Port Authority. Catalan bank La Caixa has been the main creditor in an operation that has had other five banks (four asian and one european). Clemence Cheng, General Director of HPH in Europe, said that this loan “shows the trust that the finantial sector has on TerCat and on Barcelona”. Other important personalities assisting to the event were Artur Mas, president of Catalan government, Juan Maria Nin, CEO of CaixaBank (La Caixa bank), and Alejandro Kouruklis, General Director of TerCat, as well as many representatives from the companies operating in the Barcelona Port. The construction of this first enlargment phase is due to be set in operation on 2013, at the time when the second phase is expected to start.