With the help of Goldman Sachs, Macquarie (Australia) launched the sale of the 1.5 billion Euros (US$1.7 billion) DCT Gdansk port terminal. According to sources familiar with the matter, Poland’s sovereign wealth fund PFR is close to buying the strategic Polish port terminal.
Poland’s government, run by the nationalist Law and Justice (PiS) party, believes the country has been too dependent on the foreign investors who bought into the country in the 1990s and 2000s. As part of the government’s effort to buy back strategic assets in the country’s energy and infrastructure industries, PFR was created in 2016 .
As the only deep-sea port facility in Poland, DCT Gdansk is an important hub for container shipping traffic between the Far East and the Baltic countries. The terminal has attracted the interest of international companies, such as Cosco and PSA international, looking at expanding their footprint in the region.
Source:pacifictycoon
