JWD buys 20% stake in Thai box terminal operator from PSA

PSA Southeast Asia will sell a 20% stake in Eastern Sea Laem Chabang Terminal (ESCO) to JWD InfoLogistics Public Company Limited.

The transaction is expected to close before the end of the year and will be completed in two stages.

“In a new normal beset by supply chain disruptions, forging close collaborations and partnerships between key supply chain operators have become increasingly important,” commented Ong Kim Pong, Regional CEO Southeast Asia, PSA International.

Since 2003, PSA has been a...


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