PSA Thailand and SCG Logistics Management Company Limited have unveiled plans to invest in the development and operation of the Thai Prosperity Terminal, Thailand.
As part of an agreement, which also involves the setting up of a joint venture company in Thailand called SCG-PSA Holdings Co., Ltd, the Terminals will be renamed Thai Connectivity Terminal (TCT).
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Located along Thailand’s Chao Phraya River in Bangkok and close to Bangkok’s industrial estates, TCT is a well-established river terminal in Thailand serving the hinterland in and around the capital city. The Terminal is also connected to the deep-sea port at Laem Chabang.
Ong Kim Pong, Regional CEO Southeast Asia of PSA International, said, “We look forward to working alongside SCG Logistics to offer customized supply chain solutions in Thailand and across its borders, and are confident that this partnership will flourish in the years to come.
“Capitalising on TCT’s strategic location, PSA is committed to growing this critical node as part of our greater transport and cargo solutions network, and to open up more avenues of opportunity for the movement of goods and materials throughout the region.
Paitoon Jiranantarat, Managing Director of SCG Logistics Management, said, “We are pleased to become a partner with a leading global port group like PSA. This partnership would enrich logistics services of SCG Logistics in the areas of port, freight management, and import/export.
“This would enhance us to be able to provide seamless logistics solution in ASEAN region.”