Independent journal on economy and transport policy
18:21 GMT+1
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PSA acquires a participation in the immensest net than intermodal terminals of China
The group of Singapore has bought 15.33% of the capital of China United International Rail Containers Co.
October 12, 2016
Terminalista group PSA of Singapore, than work 40 terminals in the ports of 16 nations and that it is present in the single China in 11 terminals of the harbour ports of call of Dalian, Dongguan, Fuzhou, Guangzhou, Lianyungang, Qinzhou and Tianjin, has announced today to have extensive own activities in China to the railway field acquiring a participation in the immensest net than intermodal terminals of the Asian nation.
PSA in fact has bought 15.33% of the capital of China United International Rail Containers Co. (CUIRC), quota that is yielded by the Luck Glory International di Hong Kong. The other associates of the CUIRC, that he is constituted in 2007 and he has center to Beijing ( on 2 October 2006), they are China Railway Container Transport Co., Ltd. (CRCT), that integrally it is controlled by the Chinese Ministry of the Railroads, the NWS Holdings di Hong Kong, the Chinese Lowers International Marine Containers (CIMC) and the Deutsche Bahn Mobility Logistics (DBML), branch of the railway group German Deutsche Bahn.
Social scope of the CUIRC is the realization and 18 management of container railway terminals on concession of the Chinese government. Currently ten terminals to Kunming, Chongqing are operating, Chengdu, Zhengzhou, Wuhan, Xi'an, Dalian, Qingdao, Ningbo and Tianjin.
Group PSA has evidenced the growth potential of the containerized railway traffic in China, modality that currently transports alone the 2-3% about of the enlivened total containerized volumes in China regarding advanced quotas decidedly enlivened in other markets, as Europe and the United States where the railroad transports respective until 15% and to 40% of the traffic of the container.
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