ICTSI is building the facility in Bauan, Batangas, with civil works set to commence in the first quarter of 2025.
The operator of multiple ports locally and abroad said the Bauan facility is set to become the largest private marine terminal investment in the Philippines.
Upon completion, ICTSI's Batangas facility will be equipped with up to 900 meters of quay length and at least eight ship-to-shore gantry cranes for an estimated capacity of around two million TEUS per year.
ICTSI will finish the first berth of the infrastructure by the end of 2027.
This story is from the May 14, 2024 edition of The Philippine Star.
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This story is from the May 14, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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