ASIAN Terminals, Inc. (ATI) is earmarking at least P8 billion in capital expenditures for this year, as it boosts capacity at the Manila South Harbor and Batangas Port.
“Aligned with the government’s Build-Build-Build program, ATI is spending a minimum of P8 billion in capital investment this year to deliver better, faster and safer ports and logistics services to the country’s supply-chain,” the company said in a statement.
The port operator said it will soon have more cargo storage spaces, as the construction of Blocks 143 and 145 adjacent to South Harbor’s main container yard is almost completed.
“Completion of the expansion projects, alongside continuous investment in modern systems and technologies, will increase South Harbor’s annual container handling capacity to over 1.4 million TEUs (twenty foot equivalent units) by 2019 from its current yearly throughput of 1.25 million TEUs,” ATI said.
Last month, ATI received two ship-to-shore (STS) cranes which allows South Harbor to expand its cargo capacity.
The company is currently extending the quay length and expanding the container yard at the Batangas Container Terminal. It will also acquire two additional STS cranes and four rubber-tired gantry cranes within the year.
ATI also aims to finish the construction of the multilevel car storage facility for completely built car units (CBU) at the Batangas Port by the third quarter of 2018. This will boost the port’s storage capacity to 13,000 CBUs. — Denise A. Valdez
