PSA out of Aden?

News-in-print by WCN Editorial

According to local Yemeni reports PSA Corporation has pulled out of Yeminvest, its 60:40 joint venture with Saudi-backed Yemen Holdings Ltd which runs Aden Container Terminal (ACT). According to the Yemen Times, Yeminvest and the Republic of Yemen “amicably” wound up the concession at Aden Free Zone on 24 October.

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