17 December 2017
  • İstanbul15°C
  • Ankara2°C

ICTSI STUMPS UP ANOTHER $100M TO BOOST IRAQİ FACİLİTİES

Manila-headquartered International Container Terminal Services Inc (ICTSI) is stumping up $100m for the second phase development of Basra Gateway Terminal (BGT) at Umm Qasr in Iraq.

ICTSI stumps up another $100m to boost Iraqi facilities

23 October 2017 Monday 16:06

Two new berths will be developed incorporating a 20 ha yard area thereby doubling annual BGT container handling capacity to 1.2m teu. The berths, due for completion within 18 months, will be able to handle ships of up to 10,000 teu capacity.

ICTSI operates 31 terminals in 19 countries and is owned by billionaire Enrique Razon.

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