Philippines’ ICTSI Plans Major Port Upgrades in 2025 Amid Profit Surge
International Container Terminal Services (ICTSI) in the Philippines is investing $580 million in capital expenditures for 2025 after a record-breaking year in 2024. The company’s financial strength allows for new opportunities, including the $800 million Luzon International Container Terminal in Batangas. ICTSI is also expanding terminals in Congo, Mexico, and Brazil.