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2007 February 28   07:08

ICTSI (Manila) plans to develope new box terminal in Subic Bay

Manila-based International Container Terminal Services Inc is eyeing the development of a new box terminal in Subic Bay, writes Marcus Hand in Singapore .
ICTSI unit Subic Bay International Terminal Corp has submitted a proposal to the Subic Bay Metropolitan Authority to operate the New Container Terminal No.1, currently under construction.
SBMA has invited alternative bids, but if none is received within 60 days it will enter into a contract with the ICTSI unit.

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