The Philippines is planning to build a new shipping terminal with South Korean funding in Aurora province in central Luzon, Seatrade Asia online reports. The P2.4bn ($56.5m) project will be sited in Aurora Pacific Economic and Freeport Zone, and a feasibility study estimated that the terminal could handle more than 700,000 tonnes of cargoes a year.
The terminal will be able to handle panamax vessels and be equipped with berthing facilities, a container yard and cargo handling equipment.
The new facility is expected to serve as an alternative to Manila port for shipments destined for central and northern Luzon.
The terminal will be able to handle panamax vessels and be equipped with berthing facilities, a container yard and cargo handling equipment.
The new facility is expected to serve as an alternative to Manila port for shipments destined for central and northern Luzon.