ATI Secures Manila South Harbour Concession Renewal To 2063

Asian Terminals, Inc. (ATI), DP World’s strategic partner in the Philippines, has secured a 25-year renewal of its concession to operate and develop Manila South Harbour, reinforcing its long-term commitment to supporting Philippine trade and economic growth.

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 agreement marks a significant milestone as ATI celebrates its 40th anniversary this year, reflecting four decades of investment in port infrastructure, operational capability and trade connectivity.

“The Philippines has significant long-term growth potential and an important role to play in regional and global trade. Realising that potential requires sustained investment in world-class infrastructure that strengthens competitiveness and connects businesses to international markets. This concession renewal provides the certainty needed to plan and invest for decades ahead. It reflects DP World’s belief in the Philippines’ economic future and our commitment to building enduring partnerships that enable trade and support sustainable growth.”

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →