The Philippine Ports Authority (PPA) has granted International Container Terminal Services Inc. (ICTSI) a 25-year concession contract for the development and operation of the Iloilo Commercial Port Complex (ICPC) in Western Visayas.
This represents a significant stride in the transformation of ICPC into a modern, efficient, and premier gateway for the region, according to a statement.
ICTSI was awarded the contract as the sole bidder under PPA Administrative Order (AO) No. 03-2016, also known as...
https://container-news.com/ictsis-25-year-concession-drives-modernisation-of-iloilo-port/