The P2.35-billion Iloilo City Seaport Modernization Project of Razon-led International Container Terminal Services Inc. (ICTSI) is now entitled to perks under the Board of Investments (BOI), the investment promotion agency attached to the Department of Trade and Industry (DTI).
The P2.35-billion Iloilo City Seaport Modernization Project of Razon-led International Container Terminal Services Inc. is now entitled to perks under the Board of Investments , the investment promotion agency attached to the Department of Trade and Industry .
According to the BOI, this “landmark” project will transform the old Iloilo Commercial Port Complex into a state-of-the-art facility. BOI said the Iloilo port which was once lacking foreign container operations has undergone a “significant” transformation. “This innovation significantly enhances the port’s flexibility, efficiency, and capacity to handle various cargo types, including containerized, bulk, general, and project cargo.”
BOI Managing Head and Trade Undersecretary Ceferino S. Rodolfo said this project “underscores the government’s vision to modernize port operations and logistics services to improve the Philippines’ rank in the logistics performance index.”
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Greenpeace Philippines campaigns vs plastic pollution in Iloilo CityILOILO CITY – Greenpeace Philippines has initiated a campaign to end plastic pollution in this city.
Read more »
Power firm lights up Iloilo City football fieldILOILO CITY – A subsidiary of Meralco PowerGen Corp. (MGen) is providing a P16.45-million lighting system for a football field in this city – La Paz Plaza Football Ground in La Paz District.
Read more »
Iloilo City declares More Power CEO Castro an adopted sonSunStar Publishing Inc.
Read more »
Iloilo City adopts power firm's CEO as its ownTHE president and CEO of the More Electric and Power Corp. (More Power) has been declared as an 'adopted son of Iloilo City.'
Read more »
Police visibility increases in Iloilo City amid festive seasonSunStar Publishing Inc.
Read more »
Iloilo City to ease classroom shortage at INHS with soon-to-rise school buildingsIloilo City is tackling its classroom shortage head-on with the construction of P200-million worth of school buildings for eight public schools. A
Read more »