“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.
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.