Business tycoon Enrique Razon Jr. is on a roll.
Trade Secretary Fred Pascual, Speaker Martin Romualdez, President Marcos, First Lady Liza Araneta Marcos, ICTSI chairman and president Ricky Razon and Christian Gonzales.For one, his listed ports giant, International Container Terminal Services Inc. , is investing $800 million to build a container terminal in Batangas. The facility, in the first-class municipality of Bauan, is set to become the largest private marine terminal investment in the Philippines.
The Bauan terminal, once completed, will boost logistics activities in the Southern Tagalog region, as the company also anticipates that it will play a crucial role in handling marine needs for renewable energy transition. The completed expansion has set an industry benchmark as the VICT is the only fully automated container terminal in the Southern Hemisphere.
And the roll continues not just in ports. Just recently, EKR, as he is called, also opened his Solaire Resort North, the first and only five-star luxury integrated resort located in Quezon City, to serve customers and patrons in northern Metro Manila and nearby provinces. Mr. Marcos also said that “it is a truly bold and ambitious move that we must take to make the Philippines the perfect destination for tourism, relaxation and entertainment.”
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