ICTSI wins concession to develop Philippine box terminal
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International Container Terminal Services, Inc (ICTSI) has won a 25-year concession deal to develop and operate the Iloilo Commercial Port Complex in the heart of the Philippines. ICTSI will rename the facility Visayas Container Terminal.
The port has 627 m of operational quay length and 20 hectares of land for container and general cargo storage, warehousing and other cargo-handling activities.
“This is our first project in the Visayas and, as with all our projects, we will do all to make this a success and make Iloilo key to improving the country’s supply chain and competitiveness in global trade,” said Christian Gonzalez, ICTSI’s executive vice president.
Manila-headquartered ICTSI operates 33 terminals across 19 countries.