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PSA Thailand invests in developing Thai Prosperity Terminal

PSA Thailand and SCG Logistics Management Company are creating a joint venture to invest in developing and operating the Thai Prosperity Terminal in Thailand. The two partners will also rename it, Thai Connectivity Terminal (TCT). The new company will be called SCG-PSA Holdings, and it will be a springboard for possible joint exploration and investment in supply chain, focusing greatly on Thailand.

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Greenfield terminal to be developed in Bangkok

APM Terminals signed a Memorandum of Understanding with Sahathai Terminal PLC and Mitr Phol Sugar to develop a 345,000 TEU capacity greenfield container terminal in Bangkok, Thailand. Bangkok River Terminal Limited will accommodate Thailand’s increasing containerized import and export trade. Completion of the transaction is subject to receiving applicable regulatory approvals and licenses. 

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