DP World and Asian Terminals Inc. (ATI) are playing a key role in transforming the Philippines into a major economic hub in Southeast Asia through ongoing infrastructure investments and trade efficiency improvements.
DP World and Asian Terminals Inc. are playing a key role in transforming the Philippines into a major economic hub in Southeast Asia through ongoing infrastructure investments and trade efficiency improvements.In an interview with The Manila Times, Glen Hilton, CEO and managing director of DP World Asia Pacific and chairman of ATI, said the two companies have invested $90 million to modernize Batangas Port and enhance operations at Manila South Harbor.Asian Terminals Inc., South Harbor Manila.
The development of the Tanza Barge Terminal provides an alternative to congested road routes, streamlining cargo movement. The introduction of DP World's Cargoes system at Batangas Port has also increased productivity, demonstrating the benefits of technological advancements in port operations.'Our nearly two-decade partnership with ATI has been crucial to our growth in the Philippines.
The Philippines' strategic location and growing economy make it a vital regional and global trade player. DP World's investments are enhancing trade efficiency across Southeast Asia. The country's involvement in free trade agreements, such as the Regional Comprehensive Economic Partnership, positions it as a gateway for international trade.
World ATI Help Turn PH Into Economic Hub
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