ICTSI to invest US$800M in Bauan Container Terminal
NewsICTSI unveils plans for a US$800 million international container terminal in Bauan.
Nothing is straightforward in the Philippine ports industry and some times it is hard to take anything at face value. More than six months after a court order put a break on its fledgling commercial operations, Mindanao Container Terminal (MCT) looks like a ghost town with its two idle Mitsubishi quay cranes and four RTGs. The injunction does not cover cargoes destined for or coming out of the Phividec Industrial Estate, but these have been too few and far between.
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