An India-based company is eyeing to establish a port project in Bataan
, according to the Presidential Communication Office on Friday. The PCO said Adani Ports and Special Economic Zone Limited , the largest commercial port operator in India, is planning to develop a 25-meter-deep port that can accommodate Panamax vessels in the country. APSEZ Ltd. Managing Director Karan Adani also said that the firm is also planning to invest in the country's ports, airports, power, and defense sectors.
President Marcos, in response, welcomed APSEZ expansion plans in the Philippines and suggested that it could focus on ports handling agriculture products to enable the Philippines to eventually compete globally."The government is developing its gateways for tourists and business travelers and for the country’s agricultural products to be moved around affordably and reliably," the President said.
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