BEIJING, Mar.13 -- China Merchants Holdings (International) plans to invest in the 4 bln yuan second-phase development of Dachan Bay container port in western Shenzhen, with the deal expected to be finalized by the end of the year, the South China Morning Post reported, citing chairman Fu Yuning.

Fu, who did not provide details, announced the planned investment on the sidelines of an industry conference yesterday, the Hong Kong newspaper reported.

Fu also forecast 15 pct compound annual growth for China container throughput until 2010.

(1 usd = 7.74 yuan)