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Iloilo port project of ICTSI gets fiscal perks from govt

Business Mirror LogoBusiness Mirror1d ago

Iloilo port project of ICTSI gets fiscal perks from govt - Business Mirror

Quick Summary:

The P2.35-billion Iloilo City Seaport Modernization Project of Razon-led International Container Terminal Services Inc.(ICTSI) is now entitled to perks under the Board of Investments (BOI), the investment promotion agency attached to the Department of Trade and Industry (DTI).

The BOI said the improved operational efficiency, expanded cargo handling capabilities, and enhanced connectivity “promise to attract new investments across Panay and neighboring areas.

The BOI said it has issued the Certificate of Registration of ICTSI for the modernization, management, and operation of the Visayan Container Terminal (VCT).


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Article Details

Author / Journalist: Andrea E. San Juan

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 16:05:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 513 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25004846

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About Business Mirror

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 22 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 9 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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