Monday, December 23, 2024
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ICTSI expands MICT yard capacity

This expansion deploys 4 hectares of new yard space (shown on the right side of the photo). Intended to be an empty container depot (ECD), the area can store up to 4,300 containers in moderate wind conditions. Adjacent to it (left side of the photo) is another 2 hectares, which will be completed by yearend. On completion, the entire area of Phase 1 will store 6,500 20-foot equivalent units (TEU). The new yard is part of ICTSI’s US$35 million (PHP1.6 billion) expansion project for the MICT aimed at immediately addressing growing volumes at the Port of Manila. The full development, estimated to be completed in 20 months, will add approximately 500,000 TEUs of yard capacity to the MICT. Complementary to the new yard is the development of an inland container depot (ICD) in Laguna, about 21 hectares, for which $30 million (PHP1.4 billion) has been earmarked. On order are six new rubber tired gantries, which may be deployed at either the MICT or ICTSI’s Subic operations as the demand dictates.

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