Singapore to Spend S$3.5 Billion to Expand Pasir Panjang Port

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PSA Singapore Terminals, the country’s container-port operator, plans to invest S$3.5 billion ($2.9 billion) to develop Phases 3 and 4 of its Pasir Panjang terminal, it said in an e-mailed statement today.

The planned work will include building 15 new berths, an automated container yard and unmanned, rail-mounted gantry cranes, PSA Singapore Terminals said in the statement.