Philippine president inaugurates Suape’s new container yard

The expanded terminal area is part of ICTSI’s US$120m phased investment programme in SCT that began in 2002, a year after ICTSI won the 30-year concession to manage, operate and develop the facility.

The Suape Port event is part of the president’s visit to Brazil, a first for an incumbent Philippine president.

“President Arroyo was impressed with what ICTSI has done for the Suape Container Terminal that today is the most modern and largest terminal in the northern and northeastern regions of Brazil,” said ICTSI chairman and president Enrique Razon Jr.