Hutchison Whampoa plans to acquire ports in Latin America and Europe

The management team of Hutchison Whampoa (0013) said to the Exchange that the company would acquire the ports projects in Latin America and Europe. On the other hand, as the cost of developing the UK 3G networks was lower than expectation, Hutchison Whampoa would save £100 mln (circa HK$1.1 bln) accordingly. 

As for the telecom business, the management team of Hutchison Whampoa claimed the 3G projects in the UK would be launched as being planned, while the 3G projects in Italy would form into contracts in short term.

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