- SINGAPORE: Singapore port operator PSA International said its joint venture with Saudi Arabia’s Public Investment Fund (PIF) has been awarded the concession to develop, operate and manage the second container terminal at King Abdul Aziz Port.
The project in Dammam is PSA’s first infrastructure project in the Arabian gulf, group CEO Eddie Teh said in a statement.
PSA, a unit of Singapore state investor Temasek , is involved in 29 port projects in 17 countries around the world.