Guangzhou: PSA International (PSA) has announced that it has acquired a stake in Fujian Jiangyin International Container Terminal (FJCT) and is now the second largest shareholder in the terminal after Fuzhou Port Group.
PSA already has investments in two other terminals in Fuzhou port, Fuzhou International Container Terminal (FICT) and Fuzhou Qingzhou Container Terminal (FQCT) with this new investment in FJCT the third.
“PSA and Fuzhou Port Group recognise the tremendous potential of the Fuzhou Port as a major container hub port to support the further development of industries and hinterland investments in south-eastern and western China. We will continue to create value and help transform Fuzhou into the regional port of call in the Fujian Straits,” said Mr Ong Kim Pong, PSA’s Regional ceo for Northeast Asia. [31/05/13]
