Minister of state-owned enterprises Rini M Soemarno has on June 9th, 2015 approved the deal between state port management company PT Pelindo II and Hutchison Port, owned by Asia’s richest man Li Ka-shing. Hutchison pays only US$250 million to get 49% shares in the port, which should have been handed over to Pelindo II by 2019. Some believe Hutchison is overtly benefited from the deal.To subscribe please click here
Sweet Deal for Hutchison in Priok Ports
