SINGAPORE:PSA International is owned by Temasek Holdings Pte Ltd, the investment fund owned by the government of Singapore.
Bengaluru: Singapore’s PSA International Pte Ltd, the world’s top container terminal operator by volume, plans to set up a container loading facility at Kakinada port in Andhra Pradesh as it looks to expand its presence in Asia’s third-largest economy, two people briefed on the matter said.
“PSA has signed a memorandum of understanding with Kakinada Seaports Ltd (the company that operates Kakinada port) for operating a container terminal at the port,” a Mumbai-based port consultant, one of the two people, said, asking not to be named.
PSA International is owned by Temasek Holdings Pte Ltd, the investment fund owned by the government of Singapore.
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