Manila: Manila-headquartered Globalport is close to completing the buyout of Zamboanga Port in the far south of the Philippines. It will be the company’s third port, to go alongside two concessions in the Philippine capital.
Zamboanga Port, located at the western tip of the Western Mindanao facing Basilan Strait, has a total port area of 156,000 sq m containing a container berth, transit shed, passenger terminals, and storage areas.
Globalport is also looking at possible acquisitions in the Visayas in the centre of the country, with a particular focus on the island of Cebu. [10/01/13]
