PSA and International Container Terminal Services to develop container terminal in Columbia

PSA International will develop a container port terminal at Aguadulce in Colombia. The project will be undertaken in association with International Container Terminal Services Inc. (ICTSI). Based on the agreement, PSA will hold 45.64 per cent stake in ICTSI’s subsidiary Puerto Industrial Aguadulce SA. The latter has a 30-year concession contract for the Aguadulce port project.