Philippines’ ATI planning on expanding overseas

Philippines port operator Asian Terminals Inc (ATI) is setting its sights on making its maiden international venture through a possible acquisition, while also continuing a number of expansion projects in the country.

“If there’s a good opportunity that comes, we’ll certainly consider. We’re always on the lookout for that,” ATI president Eusebio Tanco was quoted as saying in local media regarding the company’s overseas expansion plans.

Tanco added that ATI is investing “quite a bit this year” in its local operations. “We have a lot of projects. We are expanding the South Harbour. And then we are expanding Batangas. And we’re moving into logistics,” he said.

Read More: ATI's Batangas terminal saw record volumes in 2016

ATI has earmarked at least PHP8bn ($150m) for capital expenditure this year, 74% higher than the PHP4.6bn capex in 2017 as it seeks to deliver better, faster, and safer ports and logistics services to the Philippines’ supply-chain.

Aside from the Manila South Harbour and the port of Batangas, ATI also operates the off-dock container yards in Sta. Mesa in Manila and Calamba in Laguna which serve as the country’s marine transport infrastructure and economic trade gateways.

Posted 27 July 2018

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Vincent Wee

Asia Editor, Seatrade Maritime News

Read more stories like this...

Sign up to the Seatrade Maritime Newsletter and get stories like this delivered to your inbox.

Subscribe Now >

ShipTech Storybox

Seatrade ShipTech Middle East

23 – 24 September 2019 | Madinat Jumeirah, Dubai

The knowledge hub of technological advancements for the shipping sector. Learn, discover and experience new technologies and optimise operational efficiencies.

View 2019 programme >