ICTSI Units Secure 25-Year Concession Extension for Subic Terminals - BusinessWorld Online
ICTSI plans to invest $130 million to upgrade Subic Bay terminals, increasing annual capacity from 600,000 to one million twenty-foot equivalent units, officials said.
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ICTSI units secure 25-year concession extension for Subic terminals - BusinessWorld Online
INTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI), through its subsidiaries, secured a 25-year extension of its concession agreements for the management and operation of New Container Terminals (NCT) 1 and 2 in Subic, Zambales, and will invest more than $130 million to upgrade the facilities. In a stock exchange disclosure on Monday, ICTSI said its units Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic, Inc. (ISI) received t…
ICTSI spending $130 million for fresh Subic contract
Port giant International Container Terminal Services Inc. (ICTSI) has received an extension to its concession to operate two terminals at the Subic Bay Freeport Zone and planned to spend $130 million for their upgrade.
ICTSI Secures 25-Year Extension for Subic Bay Container Terminals
Philippines-based Subic Bay International Terminals Corp. (SBICT) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services, Inc. (ICTSI), have secured a 25-year extension of their concession agreements...
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