ICTSI gets 25-yr extension to run Mindanao Container Terminal

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ICTSI gets 25-yr extension to run Mindanao Container Terminal
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MINDANAO International Container Terminal Services Inc. (MICTSI), a subsidiary of International Container Terminal Services Inc. (ICTSI), has secured a 25-year extension to operate and manage the Mindanao Container Terminal (MCT). The extension, awarded by the PHIVIDEC Industrial Authority, allows MICTSI to continue managing the MCT until 2058.

MINDANAO International Container Terminal Services Inc. , a subsidiary of International Container Terminal Services Inc. , has secured a 25-year extension to operate and manage the Mindanao Container Terminal .

Located within the PHIVIDEC Industrial Estate in Tagoloan, Misamis Oriental, the MCT serves as a key gateway for trade in southern Philippines. The new berth will enable the shipping industry to deploy larger ships on new service routes to support growth and demand from Mindanao’s importers and exporters. Additionally, the expansion project will further promote PHIVIDEC’s agenda to grow its locator base.

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