Chinese investment in a major European container hub: HHLA Container Terminal Tollerort in Hamburg, Germany
Priority question for written answer P-004795/2021
to the Commission
Svenja Hahn (Renew)
In June 2021 COSCO Shipping Ports Limited, a Hong Kong-listed company which is part of the Chinese state-owned COSCO Shipping group, launched negotiations with Hamburger Hafen und Logistik (HHLA) over a possible strategic co-ownership of its Container Terminal Tollerort. In September 2021, HHLA reached a decision to sell 35 % of the terminal to COSCO. This is the latest example of Chinese investment in a major European container hub.
In view of the Commission’s warning that Member States should pay close attention to investments by Chinese state-owned enterprises, and the strategic importance of the port of Hamburg:
- 1.Does the Commission consider that a container terminal could fall under ‘critical infrastructure’ that would require screening as proposed in the framework for the screening of foreign direct investments into the EU?
- 2.Does the Commission believe that the government of a third country controls the investor, COSCO Shipping Ports Limited?
- 3.Does the Commission consider that the purchase of the container terminal by COSCO Shipping Ports Limited would contradict its own global gateway strategy announced by Commission President Ursula von der Leyen in her State of the Union address on 15 September 2021?