The Philippine Ports Authority (PPA) has awarded International Container Terminal Services, Inc. (ICTSI) a 25-year concession contract to develop and operate the Iloilo Commercial Port Complex (ICPC) in Western Visayas.
Located in Iloilo City, ICPC serves the province of Iloilo and the Panay Island. It has a 627 m operational quay length and 20 ha of land for container and general cargo storage, warehousing and other cargo handling activities.
Once the facility is handed over to ICTSI, upon contract signing and PPA’s issuance of the Notice to Proceed, it will be renamed the Visayas Container Terminal (VCT). ICTSI will focus on improving terminal productivity and service quality by investing in the development and rehabilitation of the terminal infrastructure and the deployment of cargo handling equipment.
Christian R. Gonzalez, ICTSI executive vice president, said: “We recognise the port’s pivotal role in driving Iloilo’s economic and social growth. Our comprehensive proposal outlines significant investments in infrastructure upgrades, cargo handling equipment, and operational efficiency measures, all aimed at transforming the Iloilo Port into a premier gateway.”
