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ICTSI gets 25-year extension to manage Mindanao terminal, plans major upgrades.
ICTSI, through its subsidiary MICTSI, has received a 25-year extension to manage the Mindanao Container Terminal (MCT) until 2058.
This extension allows for over $100 million in infrastructure upgrades, including a 300-meter berth extension and new equipment, to handle increased cargo volumes and boost the terminal's capacity.
The improvements aim to support economic growth in southern Philippines.
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ICTSI obtiene una extensión de 25 años para gestionar la terminal de Mindanao, planea mejoras importantes.