LISTED port operator International Container Terminal Services, Inc. (ICTSI) said it plans to revive its proposal to develop and operate the Iloilo Commercial Port Complex as part of its goal to help the government in improving the country’s port network.
“We want to push that again, for sure,” ICTSI Executive Vice-President and Chief Risk Officer Christian Razon Gonzales told“We’re waiting for guidance from the government whether it will be a public tender done by the Philippine Ports Authority or they will welcome an unsolicited proposal,” he added.
ICTSI, which is in the business of developing, operating and acquiring container terminals, was granted the unsolicited proposal for the development of the Iloilo commercial port complex in the previous administration. “Overall, the company hopes to be able to assist the port authority in its goals to upgrade the Philippine port network in the hope of facilitating inter-island and international cargo movement,” ICTSI said in a statement posted on its website.
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