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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.

Vincent Wee, Hong Kong and South East Asia Correspondent

July 27, 2018

1 Min Read
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“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.

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About the Author

Vincent Wee

Hong Kong and South East Asia Correspondent

Vincent Wee is Seatrade's Hong Kong correspondent covering Hong Kong and South China while also making use of his Malay language skills to cover the Malaysia and Indonesia markets. He has gained a keen insight and extensive knowledge of the offshore oil and gas markets gleaned while covering major rig builders and offshore supply vessel providers.

Vincent has been a journalist for over 15 years, spending the bulk of his career with Singapore's biggest business daily the Business Times, and covering shipping and logistics since 2007. Prior to that he spent several years working for Brunei's main English language daily as well as various other trade publications.

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