BERLIN, Jan. 23 (Xinhua) -- Ports and their terminals have become popular takeover objects for investors worldwide in recent years, according to a report of the transport and logistics sector published on Tuesday.
The report by auditing and consulting firm PwC Germany underlined that every fourth deal in transport and logistics in 2023 was in shipping, including port infrastructure deals. "Deals in this area have been on the upswing since 2015," PwC said. Since then, the transaction volume has totaled around 100 billion U.S. dollars.
