Dry port logistics
ICTSI acquires rights to operate container terminal in Visayas, Philippines
Seetao 2024-05-18 16:35
  • ICTSI’s involvement will transform the port, address these challenges and unlock its economic benefits
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International Container Terminal Services, Inc. (ICTSI) has received regulatory approvals to operate and develop the Visayas Container Terminal (VCT), the international seaport of Iloilo City in central Philippines. This 25-year concession strengthens ICTSI’s presence in the Philippines and will unlock the economic potential of the Western Visayas region.

ICTSI received a Notice to Proceed on April 15 to operate Iloilo’s international seaport, following a review by the Philippine Ports Authority (PPA) and the Office of the Government Corporate Counsel (OGCC). ICTSI will focus on improving terminal productivity and service quality by investing in the development and rehabilitation of the terminal infrastructure and the deployment of cargo-handling equipment.

Christian R. Gonzalez, ICTSI executive vice president, said: “The Visayas Container Terminal (VCT) is poised to become a catalyst for Iloilo's economic and social growth. We're thrilled to begin operations and transform the Iloilo Port into a world-class gateway for the Central Philippines. Our significant investments in modern infrastructure, cargo-handling equipment, and operational efficiency will drive this transformation.”

Strategically located VCT serves as a vital gateway for the province of Iloilo, the entire Panay Island, and the wider Western Visayas region. Its natural harbor in the Panay Gulf, sheltered by Guimaras Island, provides a safe and ideal environment for ships and vessels.

While the seaport plays a crucial role in regional trade, capacity and efficiency constraints have held back its full potential. ICTSI's involvement will transform the port, addressing these challenges and unlocking its economic benefits. The port will be operated exclusively to serve foreign vessels and cargoes, with a provision for domestic vessels and cargoes in the initial five years.

The seaport handles a current volume of 100,000 TEUs and 2 million metric tons of non-containerized cargo annually. It features 627 meters of operational quay length and 20 hectares of land dedicated to container and general cargo storage, warehousing, and other cargo-handling activities.

Located at the heart of Iloilo City, ICPC serves the province of Iloilo and  and the entire Panay Island, in Western Visayas of the Philippines. It is located away from the older port facilities on the Southern coast of Panay Island, in Panay Gulf.  It is one of the country’s safest and most natural harbors with Guimaras Island shielding the port from storms and making it ideal for harboring ships and vessels. 

Visayas Container Terminal (VCT), the future name of the facility after handover to ICTSI – is a critical gateway for trade in the Western Visayas. However, capacity efficiency constraints have hampered its full potential. ICTSI's involvement aims to tackle these challenges head-on, unlocking the port's economic engine.

VCT has 627 meters of operational quay length and 20 hectares of land for container and general cargo storage, warehousing, and other cargo-handling activities. Upon signing of the contract, ICTSI will focus on improving terminal productivity and service quality by investing in the development and rehabilitation of the terminal infrastructure and the deployment of cargo-handling equipment.Editor/Zhao E



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