A new joint venture in Thailand
In Thailand, SCG Logistics and PSA Thailand have concluded an agreement to invest in the development and operation of the Thai Prosperity Terminal. A rebranding of the facility as Thai Connectivity Terminal (TCT) is part of the contract which involves the setting up of a joint venture company in Thailand called SCG-PSA Holdings.
Sited along Thailand’s Chao Phraya River in Bangkok and in close proximity to Bangkok’s city centre and industrial estates, TCT is a river terminal in Thailand that directly serves the hinterland in and around the capital city. It is also connected to the deep-sea port at Laem Chabang. (cd)