PM Lee opens PSA's S$3.5b Pasir Panjang development

Singapore

A S$3.5 billion project to add 15 mega containership berths to the Pasir Panjang terminal was officially opened on Tuesday, incidentally the 43rd anniversary of the arrival of the first containership in Singapore.

The new berths, part of Pasir Panjang Terminal Phases 3 and 4, will each be able to handle up to a million containers or twenty-foot equivalent units (TEUs) a year when fully operational in 2017.

Prime Minister Lee Hsien Loong, who graced the opening ceremony at the terminal, said in his speech that the success of Singapore's port was critical to the country, and that the …