Singapore-headquartered port operator PSA International has won a bid to invest in Xiamen Container Terminal Group (XCTG), a cluster of eight container terminals along China’s southeast coast with a combined annual designed capacity of roughly 20 million TEUs. The investment, secured through a formal public bidding process, is pending regulatory approval and customary closing conditions.
The deal also includes a deepened stake in the Xiamen Port Intermodal Logistics Hub (XPLH), a facility designed to link port operations with inland freight and supply chain infrastructure across Fujian province. Taken together, the two investments represent PSA’s most significant expansion in China to date and build on existing positions in both Xiamen and Fuzhou.
PSA Group CEO Ong Kim Pong said the Fujian investments were conceived as part of a broader effort to build what the company describes as a “total ecosystem” combining port handling, logistics and intermodal connectivity. Ong framed the move within PSA’s “Node-to-Network Strategy,” an approach that treats individual port investments not as standalone assets but as nodes in an integrated global trading system. The goal, he said, is to generate resilience and long-term value for customers engaged in sustainable global trade.
For Xiamen Port Group, the partnership signals a commitment to scaling the city’s competitiveness as a regional shipping hub. Chairman Cai Li Qun cited alignment between the two organisations on the “Fujian Silk Road Maritime Strategy,” a regional initiative promoting Fujian’s role in international trade and shipping. Cai said combining local operational strengths with PSA’s global network would deepen integrated port and logistics development across the province.
Fujian’s geographic position on China’s southeast coast makes it a natural gateway for trade flows into and out of the country, particularly with the Global South. The province is well placed to facilitate efficient cargo access into China’s import, distribution and supply chain networks, a function that is growing in commercial importance as trade routes continue to diversify.
The investment also reflects a wider industry trend among major port operators. Rather than simply adding terminal capacity, leading players are increasingly building integrated logistics ecosystems that span customs, warehousing, rail links and last-mile distribution. PSA’s simultaneous investment in XCTG and XPLH fits squarely within this model, tying new port capacity to the intermodal infrastructure needed to make that capacity commercially viable.
PSA currently operates more than 70 deep-sea, rail and inland terminals across more than 180 locations in 45 countries. Its flagship operations are in Singapore and Antwerp, Belgium. The Fujian expansion adds significant scale on China’s coast and brings PSA closer to the trade lanes serving Southeast Asia, the Middle East and Africa, where demand for Chinese exports and inbound commodities continues to grow.
Completion of the transaction is contingent on regulatory clearances, with no timetable yet confirmed.