From left: Wu Yan Song, Xiamen Container Terminal Group Chairman; Chen Zhao Hui, Xiamen Port Group General Manager; Cai Li Qun, Xiamen Port Group Chairman; Chen Le Zhang, Fujian Port Group General Manager; Chen Zhi Ping, Fujian Port Group Chairman; Peter Voser, PSA International Group Chairman; Ong Kim Pong, PSA International Group CEO; Kwong Wai Yan, PSA International Group CFO; Lim Chin Chuan, PSA International Regional CEO Northeast Asia; Fabian Tai, PSA Northeast Asia Regional Head of Commercial and Franchise Development

PSA International (PSA) has successfully secured an investment in Xiamen Container Terminal Group (XCTG), which comprises eight container terminals with a combined annual designed capacity of approximately 20 million TEUs, through an official public bidding process. Completion of the transaction is subject to relevant regulatory approvals and customary closing conditions.

As part of the transaction, PSA will further increase its investment in the Xiamen Port Intermodal Logistics Hub (XPLH), enhancing the integration of Fujian’s port, supply chain and intermodal capabilities.

This investment marks an important step in PSA’s long-term commitment to China and reinforces its strategic presence in Fujian, where PSA has investments in Xiamen and Fuzhou.

For more information, please click HERE for the press release.