PSA International Boosts China Footprint with Xiamen Container Terminal Group Investment of 20 Million TEU
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. The deal strengthens the operator's footprint in China's Fujian province.
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 PSA, the move is an important step in its long-term commitment to China and reinforces its strategic presence in Fujian, where the operator already holds 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 ecosystems.
PSA is among the global terminal operators handling traffic at more than 50 ports worldwide, and has made selective strategic moves in Asia in recent years to add container capacity. The growth of eastern China's Fujian province in container throughput and its role on Belt and Road maritime corridors makes Xiamen a critical hub for regional transshipment.
Key Takeaways:
1. PSA International has invested in Xiamen Container Terminal Group, which spans eight container terminals.
2. The group has an annual designed capacity of approximately 20 million TEU.
3. PSA will also increase its investment in the Xiamen Port Intermodal Logistics Hub, deepening Fujian integration.
4. The investment was secured through an official public bidding process; PSA already holds investments in Xiamen and Fuzhou.
5. The deal aligns with the Fujian Silk Road Maritime Strategy and reinforces PSA's strategic position on Belt and Road maritime corridors.