In a bid to boost the country’s cargo volumes in 2012
The Philippine Ports Authority (PPA) announced an upgrading plan to several ports in a bid to boost the country’s cargo volumes in 2012.
Raul T Santos, assistant general manager at PPA, said development plans are in the pipeline for key ports such as Manila, Batangas, Iloilo, Cagayan de Oro, Zamboanga, General Santos and Davao.
The ports upgrade will seek to attract more cargo ships and companies to use the Philippines as a transhipment point.
Santos said the PPA projects cargo volumes to increase by 4.5% to 175.4m tonnes in 2012, slightly higher compared to 167.8m tonnes this year. In 2010, the country’s cargo volumes hit 166.4m tonnes.
Source: Seatrade Asia
