To handle the supply chain faster the Asian Terminal Inc., spent P5b to capital expenditures to expand fast routes and upgrade major port gateways. Read for more👇
The port operator said the planned investment in 2022 would support ports and logistics infrastructure projects across key sites in Manila, Batangas and Laguna. It said the acquisition of more modern and eco-friendly equipment was in step with its growth strategy and investment commitment with the Philippine Ports Authority.
This would result in quicker and safer terminal turn-around-time for port users and move ATI closer to increasing the international trade gateway’s annual throughput capacity from 1.4 million twenty-foot equivalent units to nearly 2 million TEUs by 2024. “As a trade enabler, we are very bullish of our infrastructure projects which would enable us to deliver faster, safer, and market-responsive services to our customers and further contribute to the country’s post-pandemic economic recovery,” ATI executive director William Khoury said.
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