Port of Singapore Authority International (Temasek) intrigued by the Alexandria terminal
PSA International, controlled by Singaporean sovereign wealth fund Temasek, has long been considering a presence in Africa.
Someone shares this article with you
▪ Port of Singapore Authority International (Temasek) intrigued by the Alexandria terminal
▪ PSA International, controlled by Singaporean sovereign wealth fund Temasek, has long been considering a presence in Africa.
▪ https://www.africabusinessplus.com/en/805819/port-of-singapore-authority-international-temasek-intrigued-by-the-alexandria-terminal/
The public Singaporean group is one of the three largest port terminal operators in the world alongside two other Chinese companies – COSCO (public) and Hutchison Port Holdings (HPH, private). PSA handled 85.2m TEU containers in 2019, of which 36.89m TEU in Singapore and 48.32m TEU abroad, for a net profit of $890m. Active on all continents except Africa, PSA has already tried in the past – unsuccessfully – to gain a foothold south of the Sahara, in Douala, as part of the invitation to tender for the renewal of the port concession last year, as we reported at the time. HPH was also in the running.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Maritime transport
18/08/2023 at 16h18, by Africa Business+
Egypt: EBRD joins IFC and Proparco to finance the second terminal at the port of Damietta
Of the $665 million sought to support the expansion of this leading Egyptian port, the promoters could...
Maritime transport
15/10/2020 at 13h59, by Valentin Grille
How the IMF influenced the renegotiation of Albayrak’s port concession in Mogadishu
The Somali Port Authority signed an agreement with the Turkish construction firm in 2014. The contract...
Maritime transport
30/09/2020 at 16h23, by Amadou Oury Diallo
Port of Dakar to borrow 60bn CFA F through Invictus Capital Finance for Ndyane works
Jeune Afrique Business+ brings you the details.
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.