ICTSI To Build $30M Terminal Barge Linking Manila-Cavite, WOW!

International Container Terminal Services, Inc. (ICTSI) has proposed to build a common-user barge and roll-on, roll-off (RoRo) terminal in Cavite.

The proposed project will be called the Cavite Gateway Terminal which will link Manila port and Cavite via barge and roll-on/roll-off (RORO) operations.

ICTSI Senior Vice-President for Asia Pacific Christian R. Gonzalez said the first phase of the barge terminal project would cost upwards $30 million and take around seven months to build.

The proposed barge terminal will be located within a 6-hectare property in Tanza, Cavite.

In a separate statement, ICTSI said the barge operations will support government initiatives to decongest Manila's street by reducing truck traffic on roads around the Metropolitan area.

ICTSI noted that the first phase of the proposed development will support a total throughput of 115,000 20-foot equivalent units or equal to about 140,000 fewer truck trips plying city roads annually.

"Along with the terminal’s advantages to cargo owners, there are also sustainable environmental and social benefits to highlight. The reduction in traffic congestion leads to lower fuel consumption and a significant decrease in carbon emissions," it added.

Moreover, succeeding phases of CGT will support a substantial increase in capacity and will be built to account for projected annual volume increases in the Cavite market.

Source: DOTr, ICTSI
ICTSI To Build $30M Terminal Barge Linking Manila-Cavite, WOW! ICTSI To Build $30M Terminal Barge Linking Manila-Cavite, WOW! Reviewed by Apple Mae Ta-as on December 17, 2016 Rating: 5
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