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June 22, 2010

Canada’s Brookfield to Invest in UK Port Expansion

Canadian equity firm Brookfield Asset Management will invest £29m to expand its facilities at PD Port in Teesport, UK. The company is expected to outline expansion plans later this month, reports dredgingtoday.com. Brookfield is likely to invest in a container-handling facility i

By cms admin

Canadian equity firm Brookfield Asset Management will invest £29m to expand its facilities at PD Port in Teesport, UK.

The company is expected to outline expansion plans later this month, reports dredgingtoday.com.

Brookfield is likely to invest in a container-handling facility in Teesport, which is expected to see a 40% increase in volume by the end of the year.

The investment firm bought the port in 2009.

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