$30 Million First Barge Terminal In The Philippines Linking Manila-Cavite Soon To Rise
The Department of Transportation (DOTr), Philippine Ports
Authority (PPA), and International Container Terminal Services, Inc. (ICTSI) announces
Thursday, December 15, the partnership in building first barge terminal in the
Philippines.
The proposed barge terminal will be called the Cavite
Gateway Terminal (CGT) which will link Manila port and Cavite via barge and
roll-on/roll-off (RORO) operations.
According to PPA General Manager Jay Santiago, the barge operations will reduce truck traffic or an estimated 140,000 truck trips plying city roads annually for the first phase.
According to PPA General Manager Jay Santiago, the barge operations will reduce truck traffic or an estimated 140,000 truck trips plying city roads annually for the first phase.
CGT will be located within a six-hectare property in Tanza,
Cavite. It will have a level of integration with other major Luzon port
facilities for more cost-effective and time-bound access to the Cavite market
for both inbound and outbound cargo.
Cavite was identified as the prime location for such a
project primarily because of the province’s high economic density.
Furthermore, DOTr Assistant Secretary Cherie Mercado said
the CGT will not cost the government.
The $30 Million for Phase 1 will be shouldered by ICTSI. ICTSI is in the business of acquiring, developing, managing and operating container ports and terminals worldwide.
Moreover, 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. The terminal will
also present new employment opportunities, both direct and indirect, for the
provincial labour pool.
In addition, 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.
Sources: Hellenic Shipping News, Update
$30 Million First Barge Terminal In The Philippines Linking Manila-Cavite Soon To Rise
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December 16, 2016
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