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PSA International boosts China footprint with Xiamen terminal investment

Singapore’s PSA International has secured an investment in Xiamen Container Terminal Group, which comprises eight container terminals with an annual designed capacity of approximately 20m teu.

As part of the transaction, PSA will further increase its investment in the Xiamen Port Intermodal Logistics Hub, enhancing the integration of Fujian’s port, supply chain, and intermodal capabilities. The investment was secured through an official public bidding process.

According to the PSA, this is an important step in its long-term commitment to China and reinforces its strategic presence in Fujian, where PSA has investments in Xiamen and Fuzhou. 

The partnership aligns with the continued advancement of the Fujian Silk Road Maritime Strategy and PSA’s vision to integrate ports more closely with inland logistics, intermodal connectivity, and wider supply chain capabilities.

Along China’s southeast coast, Fujian is strategically positioned to support expanding trade flows, especially with the global south, and to facilitate access to China’s import, distribution, and supply chain networks.

“Together with PSA’s existing venture in Fuzhou, Fujian is envisaged as a strategic global hub to better serve customers by strengthening and enhancing a total ecosystem effort. This venture will create resilience and extensive customer value for sustainable global trade as part of PSA’s Node-to-Network strategy,” said Ong Kim Pong, CEO of PSA International.

Source: splash247.com

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