ATI secures Manila South Harbour concession renewal to 2063

Asian Terminals, Inc. (ATI) has secured a 25-year renewal of its concession to operate and develop Manila South Harbour (MSH) until 2063.

The renewed concession agreement, signed with the Philippine Ports Authority (PPA), will run from May 2038 up to May 2063, providing long-term certainty for the continued development and modernisation of one of the Philippines’ key international trade gateways, the port operator said in a statement.

ATI in December last year applied to renew its contract with PPA to operate MSH that was expiring in 2038.

PPA in 1988 granted the 25-year contract for the management, operation and development of MSH to ATI (then Marina Port Services Inc.), and extended the contract in 2007 for another 25 years or until May 18, 2038.

This story was originally published by PortCalls Asia. Read the full story at PortCalls Asia →