Reputation Now Sits At The Leadership Table

Reputation is no longer built by words alone, but through consistent decisions, responsible governance, and leadership behavior over time.

Why The IFRS-GRI Alliance Is A Game-Changer For Corporate Disclosures

With IFRS and GRI working together, companies can build stronger reporting systems that serve both investor needs and broader public accountability.

Real-Life Education Made Simple: STI Adopts DepEd’s Enhanced SHS Program To Introduce Flexible Electives

STI’s Education for Real Life philosophy continues with a program designed to help students learn with clearer purpose.

The 2027 ESG Mandate: BSP’s Sustainability Reporting Rollout For Philippine Banks

Philippine banks are preparing for a phased ESG reporting mandate as the BSP moves to strengthen climate-related disclosures and financial system resilience.

New International Container Terminal To Rise In Batangas Town

A new international container facility will rise in Batangas by the end of 2027.

New International Container Terminal To Rise In Batangas Town

738
738

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

A new international container facility is set to be built in this municipality and is targeted for completion by the end of 2027.

In an email on Monday, the International Container Terminal Services Inc. (ICTSI) said design and engineering studies on the new terminal are already underway with the commencement of construction scheduled in the first quarter of 2025.

“The new terminal represents a significant leap forward for Southern Luzon. We are building a world-class facility that will unlock a wave of economic benefits for the region and the country. It will create new employment opportunities, improve the quality of life for our host communities… and solidify Southern Luzon’s position as a key player in global trade, Christian Gonzalez, ICTSI executive vice president, said.

The terminal, which is estimated to entail a US$800 million investment, is envisioned to play a role in providing the marine handling needs required by the country’s renewable energy transition strategy for Southern Luzon.

Gonzalez said the Bauan-San Pascual-Batangas-STAR tollway diversion road and other expressway projects from Cavite to Bauan have significantly enhanced the accessibility of the planned terminal.

Strategically located 120 kilometers south of Manila and nine kilometers west of Batangas City, the Bauan facility is expected to become the premier international gateway for shippers based in Calabarzon, according to ICTSI.

ICTSI is touted as the Philippines’ largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, Europe, the Middle East and Africa. (PNA)