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28 // HUTCHISON PORT HOLDINGS TRUST
2001
HPY entered into offcial
agreements with YPG
and the Shenzhen
Government to jointly
develop YICT Phase III
18 December 1996
Groundbreaking ceremony for
YICT Phase II Project
20 July 1994
YICT offcially commenced
port terminal operations
when the container vessel,
the “Maersk Algeciras”
arrived at the port
5 October 1993
Hutchison Ports Yantian
Limited (“HPY”) and
Shenzhen Dongpeng Industry
Co., Ltd (now known as
Shenzhen Yantian Port Group
Co. Ltd (“YPG”)) signed the
joint venture contract to
establish YICT
1991
HIT Terminal 7 was
completed and the COSCO
Pacifc Limited and HIT
joint venture was formed
to develop Container
Terminal 8 East
1985
HIT was granted the right
to develop Terminal 6
1976
HIT Terminal 4
commenced operations
1969
HIT was formed to centralise
the management of container
operations at various dock areas
1969
Corporate Milestones