ICTSI to invest $167m in central Philippines port if given approval
The ports group plans to pump in 8.7bn pesos to upgrade Iloilo port if it is given approval by the Philippine Ports Authority. The plan has been endorsed by regional business leaders led by Senator Franklin Drilon
In November 2018, ICTSI submitted a proposal to the Philippine Ports Authority to develop the ports, including the dredging of the approach channel and increasing the port’s draught to enable the new generation deeper-draught container ships to call as well as bringing in new port equipment such as modern quay cranes
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