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ATI looks at PPP projects, Allots P1 billion for ports

Asian Terminals Inc., the country’s second largest port operator, said that it has extra cash for possible port acquisition this year after the company disposed its grains terminal last year. Eusebio Tanco, ATI president, told report­ers that the company has around P1 billion to spend for port acquisition for this year and expand its presence in the country. “Any opportunity…

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ICTSI, ATI expand terminals to ease port congestion

International Container Terminal Services, Inc. (ICTSI) and Asian Terminals, Inc. (ATI), operators of the Ma­nila International Container Terminal (MICT) and Manila South Harbor (MSH), respectively are injecting modest investments starting this year to address congestion currently being experienced at their ports. The two operators claimed that they have committed the investments with the Philippine Ports Authority (PPA), the Bureau of…