Concession to Develop New Philippine Box Terminal Won by ICTSI

A container terminal
Updated Published

A 25-year concession contract to develop and operate the Iloilo Commercial Port Complex in the Philippines has been won by the International Container Terminal Services, Inc (ICTSI).

The company plans to rename the facility to Visayas Container Terminal.

The port, which has 627m of operation quay length, as well as 20 hectares of land, is used for warehousing, container storage, general cargo storage, and other cargo-handling activities.

Christian Gonzalez, ICTSI’s Executive Vice President, says: “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.”

The ICTSI currently operates 33 terminals across 19 countries and is headquartered in Manila.