ICTSI funds new 2 million TEU terminal in the Philippines

International Container Terminal Services Inc. (ICTSI) has

Batangas, Philippines.

The new terminal is set to be the largest privately funded marine terminal

investment in the country’s history, and it will ultimately be the

second-largest container facility after the Manila International Container

Terminal (MICT) in the Port of Manila.

With design and engineering studies well underway, ICTSI will begin

construction in the first quarter of 2025.

With the first berth scheduled for completion by the end of 2027, the

terminal will become a catalyst for economic growth across Southern Luzon,

creating jobs and accelerating regional development.

The terminal is also expected to play a role in providing the marine

handling needs required by the country’s renewable energy transition strategy

for Southern Luzon.

Construction will begin in 2025 with an estimated $800 million investment.

Upon completion, the terminal will feature up to 900 metres of quay, with at

least eight ship-to-shore (STS) gantry cranes and an estimated capacity of over

2 million TEU per annum.

Critically, the terminal will have direct and unencumbered access to

Southern Luzon’s expressways. This was made possible by the completion of the

Bauan-San Pascual-Batangas-STAR tollway diversion road.

Additional expressway projects from Cavite to Bauan by Metro Pacific

Tollways Corporation and San Miguel Corporation are expected to further enhance

the new port’s connectivity making it the most efficiently connected maritime

facility in Luzon by both capacity and route access.

Strategically located 120 kilometres south of Manila and 9 kilometres west

of Batangas City, the Bauan facility will become the premier international

gateway for shippers based in the CALABARZON region (Cavite, Laguna, Batangas,

Rizal, and Quezon), and the most modern container terminal in the country,

reported ICTSI.

Christian R. Gonzalez, ICTSI Executive Vice President, said: “The new

terminal represents a significant leap forward for Southern Luzon.

“We are building a world-class facility that will unlock a wave of economic

benefits for the region and the country. It will create new employment

opportunities, improve the quality of life for our host communities and the

industries located around the terminal, and solidify Southern Luzon’s position

as a key player in global trade.

“We are grateful to Batangas governor Hermilando Mandanas for his support

and vision for critical infrastructure in the province. We likewise wish to

thank the Department of Public Works and Highways, and more specifically, former

Senator and current Finance Secretary Ralph Recto and former Deputy Speaker and

Batangas Representative Raneo Abu for their vision to efficiently connect Bauan

to Southern Luzon’s tollways network.”

In March, ICTSI’s subsidiary company, Manila Harbor Center (MHC), unveiled

a new name, logo and website as part of a strategic rebranding initiative in

2024.