PSA Northeast Asia Supply Chain Pte Ltd (PSA) has teamed up with Duisburger Hafen AG (duisport) to form a joint venture company Multimodal Investments Pte Ltd (MIPL).
The joint venture will invest in multimodal logistics facilities in Asia, enhancing connectivity and trade flows between Europe and Asia.
Through MIPL, duisport will take a stake in PSA’s current investments in China’s multimodal logistics facilities, i.e. the Sino Singapore Chongqing DC Multimodal Logistics (SSCDC) in Chongqing, and the China United International Rail Co. (CUIRC) rail terminal network.
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