Push Admin

Article (news)

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="New reach stackers are set to arrive at the Visayas Container Terminal (VCT) in Iloilo City, Philippines as part of its ongoing modernization program. Photo from the ICTSI website. " src="https://od2-image-api.abs-cbn.com/prod/editorImage/1713170466953ICTSI gets PPA OK to operate Iloilo Port (1).jpg" class="fr-fil fr-dib"/><figcaption>New reach stackers are set to arrive at the Visayas Container Terminal (VCT) in Iloilo City, Philippines as part of its ongoing modernization program. <em>Photo from the ICTSI website. </em></figcaption></figure></div><p>MANILA -- The Philippine government has awarded a 25-year contract to develop and operate a commercial port in Iloilo to the <span style="color:rgb(20.000000%, 20.000000%, 20.000000%)">International Container Terminal Services Inc (ICTSI).</span></p><div><span style="color:rgb(20.000000%, 20.000000%, 20.000000%)">The Iloilo port complex has 20 hectares of land for container and general cargo storage. </span></div><div><span style="color:rgb(20.000000%, 20.000000%, 20.000000%)">The Enrique Razon-led firm said it will improve terminal productivity and service quality by developing its infrastructure and investing in cargo-handling equipment. </span></div><div><span style="color:rgb(20.000000%, 20.000000%, 20.000000%)">The ports giant will assume operations of the facility on April 15 after securing the notice to proceed from the Philippine Ports Authority.</span></div><p><a href="https://news.abs-cbn.com/business/08/31/23/ictsi-signs-750-million-loan-deal-with-metrobank" rel="noopener noreferrer" target="_blank">ICTSI signs $750 million loan deal with Metrobank</a><br/><br/>ICTSI executive vice president Christian Gonzales said the port will boost Iloilo&#x27;s economic growth.</p><p>&quot;<span id="isPasted" style="color:rgb(43, 43, 43);letter-spacing:normal;orphans:2;text-align:start;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">We&#x27;re thrilled to begin operations and transform the Iloilo Port into a world-class gateway for the central Philippines,&quot; he said in a statement posted on the company&#x27;s website. </span>      </p><div><strong>RELATED STORY:</strong>         </div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe allowfullscreen="" class="fr-draggable" frameBorder="0" height="360" src="https://www.youtube.com/embed/WrDNJoKSnR0?&amp;wmode=opaque&amp;rel=0" width="640"></iframe></span>                                 </div>

<p>The Philippine government has awarded a 25-year contract to develop and operate the Iloilo commercial port to ICTSI. </p>

The Philippine government has awarded a 25-year contract to develop and operate the Iloilo commercial port to ICTSI.

ICTSI gets 25-year contract to develop Iloilo commercial port

News

Entertainment

Lifestyle

Sports

Metro.Style

More

Sudoku

Word of the Day

Lotto

Horoscope

Business

ICTSI gets 25-year contract to develop Iloilo commercial port

ABS-CBN News

Published April 15, 2024 05:35 PM PHT

Read More:

ICTSI

iloilo

iloilo commercial port

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.