INTERNATIONAL Container Terminal Services Inc. (ICTSI) is set to invest approximately $580 million in capital expenditures for 2025, prioritizing expansions and infrastructure upgrades across key terminals.
INTERNATIONAL Container Terminal Services Inc. is set to invest approximately $580 million in capital expenditures for 2025, prioritizing expansions and infrastructure upgrades across key terminals. The budget will primarily fund the continued development of
Chairman and President Enrique Razon Jr. PHOTO FROM Rio in Brazil and Mindanao Container Terminal in Cagayan de Oro, along with equipment acquisitions, upgrades and maintenance. In 2024, accelerated the Phase 3B expansion at CMSA and initiated capital expenditures for the Batangas project. Excluding these additional projects, 2024 capital expenditures would have amounted to $441.70 million, or 98 percent of the estimated budget.
Allots $580M For Infra Upgrade
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