The Philippines is planning to build a new shipping terminal
The Philippines is planning to build a new shipping terminal with South Korean funding in Aurora province in central Luzon.
The P2.4bn ($56.5m) project will be sited in Aurora Pacific Economic and Freeport Zone, and a feasibility study estimated that the terminal could handle more than 700,000 tonnes of cargoes a year.
The terminal will be able to handle panamax vessels and be equipped with berthing facilities, a container yard and cargo handling equipment.
The new facility is expected to serve as an alternative to Manila port for shipments destined for central and northern Luzon.
Source: Seatrade Asia
