SBITC was recently awarded a 30-year concession to operate, manage and develop the NCT-1, a 300,000 teu capacity container terminal primed to serve the northern Philippine trade. SBITC is a subsidiary of Philippines-based International Container Terminal Services, Inc. (ICTSI).
In another development, ICTSI and the Phividec Industrial Authority (PIA) have officially agreed a 25-year concession to operate the Mindanao Container Terminal (MCT). MCT, a 270,000 teu capacity facility, is located at the Phividec Industrial Estate in Tagaloan, Misamis Oriental in the southern Philippines, and is the latest addition to ICTSI’s growing terminal portfolio.
Meanwhile ICTSI has appointed Maritel Abad Santos as its new business development manager for Asia. Prior to her appointment, Abad Santos had been administration manager for ICTSI Ltd. since 1998. She joined ICTSI in 1994 as assistant to the executive vice president.