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Iloilo Commercial Port Complex

Source: World Bank Group

Project
Active

"The project comprises the redevelopment and operation of the Iloilo Commercial Port Complex in the Western Visayas region, the Philippines. The Philippine Ports Authority awarded a 25-year concession to International Container Terminal Services Inc. (ICTSI) on January 30th, 2024. ICTSI had submitted a proposal in 2019 for a $154m or Peso8.7bn plan to redevelop the strategical port. The facility

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The project "Iloilo Commercial Port Complex" is an infrastructure initiative in the Government, Commercial, Seaport, Warehouse sector, located in N/A, Philippines. Taiyo aggregates data from World Bank Group, including information on sponsoring government bodies, EPCs, and contractors.

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active

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Description

Description

"The project comprises the redevelopment and operation of the Iloilo Commercial Port Complex in the Western Visayas region, the Philippines. The Philippine Ports Authority awarded a 25-year concession to International Container Terminal Services Inc. (ICTSI) on January 30th, 2024. ICTSI had submitted a proposal in 2019 for a $154m or Peso8.7bn plan to redevelop the strategical port. The facility will be renamed Visayas Container Terminal after ICTSI takes over. ICTSI will invest in dredging and deepening of the navigation channel to allow the direct entry of new generation, international vessels and purchase of modern quayside crane handling equipment. " https://mykn.kuehne-nagel.com/news/article/ictsi-wins-25year-concession-to-run-central-p-02-Feb-2024 ; https://www.ictsi.com/press-releases/iloilo-port-set-modernization-ictsi-secures-25-year-concession ; https://www.ppa.com.ph/sites/default/files/proc_proj_docs_contract/H000_04162024_000118_CONT.pdf https://mykn.kuehne-nagel.com/news/article/ictsi-wins-25year-concession-to-run-central-p-02-Feb-2024 ; https://www.ictsi.com/press-releases/iloilo-port-set-modernization-ictsi-secures-25-year-concession ; https://www.ppa.com.ph/sites/default/files/proc_proj_docs_contract/H000_04162024_000118_CONT.pdf

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High

Data quality score

100%

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